Form 4 for LPLA LPL Financial Holdings Inc.
Accepted 2022-02-09 00:00:00 ET · period of report 2022-02-07 · accession 0001397911-22-000005 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-09 | 2022-02-07 | LPLA | Audette Matthew J | CFO | S - Sale+OE | $181.20 | -20.0K | 29.3K | -41% | -$3.62M |
| D | 2022-02-09 | 2022-02-07 | LPLA | Audette Matthew J | CFO | M - OptEx | $19.85 | +20.0K | 32.4K | +161% | +$397.0K |
| D | 2022-02-09 | 2022-02-07 | LPLA | Audette Matthew J | CFO | M - OptEx | $0.00 | -20.0K | 40.8K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-07 | S | D | 2,647 | $182.18 | 13,414 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.77 to $182.73, 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 range set forth in this footnote (5) to this Form 4. |
| 2 | Common | Common Stock | 2022-02-07 | S | D | 1,021 | $183.03 | 12,393 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.89 to $183.26, 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 range set forth in this footnote (6) to this Form 4. (F7) Consists of (i) 4,059 shares of Common Stock; (ii) 1,433 restricted stock units that vest in full on February 25, 2022; (iii) 3,134 restricted stock units that vest ratably on each of February 25, 2022 and February 25, 2023; and (iv) 3,767 restricted stock units that vest ratably on each of February 25, 2022, February 25, 2023 and February 25, 2024. |
| 3 | Common | Common Stock | 2022-02-07 | S | D | 13,210 | $181.14 | 16,061 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.59 to $181.58, 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 range set forth in this footnote (4) to this Form 4. |
| 4 | Common | Common Stock | 2022-02-07 | S | D | 3,122 | $180.04 | 29,271 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.59 to $180.57, 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 range set forth in this footnote (3) to this Form 4. |
| 5 | Common | Common Stock | 2022-02-07 | M | A | 20,000 | $19.85 | 32,393 | D | — | — | |
| 6 | Derivative | Option to purchase Common Stock | 2022-02-07 | M | D | 20,000 | $0.00 | 40,810 | D | $19.85 · — to 2026-02-25 | 20,000 Common Stock | (F8) This option became exercisable in three installments, beginning February 25, 2017, which was the first anniversary of the date on which it was granted. The option became fully vested on February 25, 2019. |