Greg Gates - Jul 30, 2021 Form 3 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
Jul 30, 2021
Transactions value $
$0
Form type
3
Date filed
8/9/2021, 04:09 PM
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LPLA Common Stock 22.8K Jul 30, 2021 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
holding LPLA Option to purchase Common Stock Jul 30, 2021 Common Stock 7.19K $77.53 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) 9,489 shares of Common Stock; (ii) 5,361 restricted stock units that vest in full on December 11, 2021; (iii) 532 restricted stock units that vest in full on February 25, 2022; (iv) 1,470 restricted stock units that vest ratably on February 25, 2022 and February 25, 2023; (v) 2,999 restricted stock units that vest ratably on June 5, 2022 and June 5, 2023; and (vi) 2,969 restricted stock units that vest ratably on February 25, 2022, February 25, 2023 and February 25, 2024.
F2 This option is currently exercisable as to 4,794 shares. The remainder of the award will become vested and exercisable on February 25, 2022.

Remarks:

The signatory is signing on behalf of Greg Gates pursuant to a Power of Attorney dated August 2, 2021, which is filed as Exhibit 24.1 to this filing.