Matthew Enyedi - Mar 14, 2022 Form 4 Insider Report for LPL Financial Holdings Inc. (LPLA)

Role
Managing Director
Signature
/s/ Gregory M. Woods, attorney-in-fact
Stock symbol
LPLA
Transactions as of
Mar 14, 2022
Transactions value $
-$216,030
Form type
4
Date filed
3/16/2022, 05:02 PM
Previous filing
Mar 1, 2022
Next filing
Feb 28, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPLA Common Stock Options Exercise $86.5K +1.9K +33.63% $45.55* 7.55K Mar 14, 2022 Direct
transaction LPLA Common Stock Sale -$303K -1.9K -25.17% $159.25 5.65K Mar 14, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LPLA Option to purchase Common Stock Options Exercise $0 -1.9K -42.08% $0.00 2.62K Mar 14, 2022 Common Stock 1.9K $45.55 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (i) 2,116 shares of Common Stock; (ii) 703 restricted stock units that vest in full on February 25, 2023; (iii) 1,310 restricted stock units that vest ratably on each of February 25, 2023 and February 25, 2024; and (iv) 1,521 restricted stock units that vest ratably on each of February 25, 2023, February 25, 2024 and February 25, 2025.
F2 This option became exercisable in three installments, beginning March 6, 2016, which was the first anniversary of the date on which it was granted. The option became fully vested on March 6, 2018.

Remarks:

The signatory is signing on behalf of Matthew Enyedi pursuant to a Power of Attorney dated December 31, 2019.