Form 4 for LPLA LPL Financial Holdings Inc.
Accepted 2023-09-21 00:00:00 ET · period of report 2023-09-19 · accession 0001397911-23-000153 · 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 | 2023-09-21 | 2023-09-19+ | LPLA | Arnold Dan H. | Pres, CEO, Dir | M - OptEx | $39.48 | +528 | 146.2K | +0.4% | +$20.8K |
| DM | 2023-09-21 | 2023-09-19+ | LPLA | Arnold Dan H. | Pres, CEO, Dir | S - Sale+OE | $250.02 | -528 | 145.9K | -0.4% | -$132.0K |
| DM | 2023-09-21 | 2023-09-19+ | LPLA | Arnold Dan H. | Pres, CEO, Dir | M - OptEx | $0.00 | -528 | 78.0K | -0.7% | $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 | 2023-09-19 | M | A | 175 | $39.48 | 146,058.94 | D | — | — | |
| 2 | Common | Common Stock | 2023-09-20 | S | D | 353 | $250.03 | 145,883.94 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.00 to $250.09, 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. (F4) Consists of (i) 121,485.94 shares of Common Stock; (ii) 4,915 restricted stock units that vest in full on February 25, 2024; (iii) 7,837 restricted stock units that vest ratably on each of February 25, 2024 and February 25, 2025; and (iv) 11,646 restricted stock units that vest ratably on each of February 25, 2024, February 25, 2025 and February 25, 2026. |
| 3 | Common | Common Stock | 2023-09-20 | M | A | 353 | $39.48 | 146,236.94 | D | — | — | |
| 4 | Common | Common Stock | 2023-09-19 | S | D | 175 | $250.00 | 145,883.94 | D | — | — | |
| 5 | Derivative | Option to purchase Common Stock | 2023-09-20 | M | D | 353 | $0.00 | 77,603 | D | $39.48 · — to 2027-03-13 | 353 Common Stock | (F5) This option became exercisable in three installments, beginning March 13, 2018, which was the first anniversary of the date on which it was granted. The option became fully vested on March 13, 2020. |
| 6 | Derivative | Option to purchase Common Stock | 2023-09-19 | M | D | 175 | $0.00 | 77,956 | D | $39.48 · — to 2027-03-13 | 175 Common Stock | (F5) This option became exercisable in three installments, beginning March 13, 2018, which was the first anniversary of the date on which it was granted. The option became fully vested on March 13, 2020. |