SEC Form 4 · accession 0001397911-18-000106
LPL Financial Holdings Inc. · LPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tracy Calder
Officer — Managing Director
Period of report
May 7, 2018
Accepted (ET)
May 9, 2018 · 5:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397911
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 7, 2018 | S | 7,388 | $64.54 | D | 20,256 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.50 to $64.68, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2Consists of (i) 5,167 shares of Common Stock; (ii) 10,747 restricted stock units that vest in full on February 25, 2019; (iii) 1,171 restricted stock units that vest in full on February 25, 2019; (iv) 1,608 restricted stock units that vest ratably on each of March 13, 2019 and March 13, 2020; and (v) 1,563 restricted stock units that vest ratably on each of February 23, 2019, February 23, 2020 and February 23, 2021.
Remarks
The signatory is signing on behalf of Tracy Calder pursuant to a Power of Attorney dated January 26, 2016.