| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPLA | Common Stock | Sale | -$1.98M | -7.99K | -19.44% | $248.19 | 33.1K | Feb 16, 2023 | Direct | F1 |
| transaction | LPLA | Common Stock | Sale | -$49.4K | -200 | -0.6% | $246.91 | 32.9K | Feb 17, 2023 | Direct | F2, F3 |
| transaction | LPLA | Common Stock | Sale | -$184K | -740 | -2.25% | $248.26 | 32.2K | Feb 17, 2023 | Direct | F2, F4 |
| transaction | LPLA | Common Stock | Sale | -$1.49M | -5.97K | -18.55% | $249.55 | 26.2K | Feb 17, 2023 | Direct | F2, F5 |
| transaction | LPLA | Common Stock | Sale | -$719K | -2.87K | -10.97% | $250.33 | 23.3K | Feb 17, 2023 | Direct | F2, F6, F7 |
| Id | Content |
|---|---|
| F1 | The reporting person contributed the Common Stock to an exchange fund in exchange for shares of such exchange fund. For purposes of determining the number of shares of the exchange fund issuable pursuant to such exchange, the Common Stock was valued at $248.19, which was the closing price of the Common Stock on The Nasdaq Global Select Market on the date of the exchange. |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2022. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.56 to $247.26, 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 (3) to this Form 4. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.85 to $248.84, 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. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.05 to $250.04, 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. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.05 to $250.94, 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) 18,798.15 shares of Common Stock; (ii) 1,019 restricted stock units that vest in full on February 25, 2023; (iii) 1,693 restricted stock units that vest ratably on each of February 25, 2023 and February 25, 2024; and (iv) 1,817 restricted stock units that vest ratably on each of February 25, 2023, February 25, 2024 and February 25, 2025. |
The signatory is signing on behalf of Michelle Oroschakoff pursuant to a Power of Attorney dated August 10, 2015.