SEC Form 4 · accession 0001397911-18-000182
LPL Financial Holdings Inc. · LPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Steinmeier
Officer — Managing Director
Period of report
Sep 7, 2018
Accepted (ET)
Sep 11, 2018 · 8:16 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 | Sep 7, 2018 | A | 30,143 | $0.00 | A | 30,143 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. These restricted stock units will vest ratably on each of September 7, 2019, September 7, 2020, September 7, 2021 and September 7, 2022. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
Remarks
The signatory is signing on behalf of Richard Steinmeier pursuant to a Power of Attorney dated August 21, 2018, which is filed as Exhibit 24.1 to this filing.