Marc Eliot Cohen - Dec 16, 2024 Form 3 Insider Report for LPL Financial Holdings Inc. (LPLA)

Role
Managing Director
Signature
/s/ Robert S. Hatfield III, Attorney-in-Fact
Stock symbol
LPLA
Transactions as of
Dec 16, 2024
Transactions value $
$0
Form type
3
Date filed
12/31/2024, 06:34 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LPLA Common Stock 3.93K Dec 16, 2024 Direct F1
holding LPLA Common Stock 19 Dec 16, 2024 Held by the Reporting Person's spouse

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 Stock Option (Right to Buy) Dec 16, 2024 Common Stock 2.21K $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) 2,298.2114 shares of Common Stock; (ii) 190 restricted stock units that vest on February 25, 2025; (iii) 443 restricted stock units that vest ratably on February 25, 2025 and February 25, 2026; (iv) 170 restricted stock units that vest ratably on June 12, 2025 and June 12, 2026; and (v) 833 restricted stock units that vest ratably on each of February 25, 2025, February 25, 2026 and February 25, 2027. Each restricted stock unit represents a contingent right to receive one share of Common Stock on the applicable vesting date. Vested shares will be issued to the Reporting Person as soon as practicable after the vesting date.
F2 The Stock Option was granted on February 25, 2019 and vested as to 738 shares on February 25, 2020, 738 shares on February 25, 2021 and 736 shares on February 25, 2022.

Remarks:

The signatory is signing on behalf of Marc Cohen pursuant to a Power of Attorney dated December 11, 2024, which is filed as Exhibit 24.1 to this filing.