Kabir Sethi - 06 May 2022 Form 4 Insider Report for LPL Financial Holdings Inc. (LPLA)

Role
Managing Director
Signature
By: /s/ Gregory M. Woods, attorney-in-fact
Issuer symbol
LPLA
Transactions as of
06 May 2022
Net transactions value
$0
Form type
4
Filing time
10 May 2022, 16:38:43 UTC
Previous filing
10 May 2022
Next filing
28 Feb 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 Award $0 +12,108 $0.000000 12,108 06 May 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock on the applicable vesting date. These restricted stock units will vest ratably on each of May 6, 2023, May 6, 2024, and May 6, 2025. Vested shares will be issued to the Reporting Person as soon as practicable after the vesting date.

Remarks:

The signatory is signing on behalf of Kabir Sethi pursuant to a Power of Attorney dated May 2, 2022.