Edward Fandrey - May 25, 2021 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
May 25, 2021
Transactions value $
-$221,612
Form type
4
Date filed
5/27/2021, 05:08 PM
Next filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPLA Common Stock Tax liability -$222K -1.51K -5.36% $146.86 26.7K May 25, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (i) 2,030 shares of Common Stock; (ii) 21,033 restricted stock units that vest in seven installments as follows: 3,539 restricted stock units on August 25, 2021 and November 25, 2021; 1,953 restricted stock units on February 25, 2022, May 25, 2022, August 25, 2022 and November 25, 2022; and 6,143 restricted stock units on February 25, 2023; and (iii) 3,603 restricted stock units that vest ratably on each of February 25, 2022, February 25, 2023 and February 25, 2024.

Remarks:

The signatory is signing on behalf of Edward Fandrey pursuant to a Power of Attorney dated January 21, 2021.