| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPLA | Common Stock | Options Exercise | $515,125 | +11,309 | +43% | $45.55 | 37,516 | 16 Nov 2021 | Direct | F1 |
| transaction | LPLA | Common Stock | Options Exercise | $172,516 | +8,691 | +23% | $19.85 | 46,207 | 16 Nov 2021 | Direct | F1 |
| transaction | LPLA | Common Stock | Sale | $2,098,682 | -12,610 | -27% | $166.43 | 33,597 | 16 Nov 2021 | Direct | F2, F3 |
| transaction | LPLA | Common Stock | Sale | $246,490 | -1,470 | -4.4% | $167.68 | 32,127 | 16 Nov 2021 | Direct | F2, F4 |
| transaction | LPLA | Common Stock | Sale | $337,440 | -2,000 | -6.2% | $168.72 | 30,127 | 16 Nov 2021 | Direct | F2, F5 |
| transaction | LPLA | Common Stock | Sale | $157,626 | -930 | -3.1% | $169.49 | 29,197 | 16 Nov 2021 | Direct | F2, F6, F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPLA | Option to purchase Common Stock | Options Exercise | $0 | -11,309 | -100% | $0.000000* | 0 | 16 Nov 2021 | Common Stock | 11,309 | $45.55 | Direct | F1, F8 |
| transaction | LPLA | Option to purchase Common Stock | Options Exercise | $0 | -8,691 | -24% | $0.000000 | 27,160 | 16 Nov 2021 | Common Stock | 8,691 | $19.85 | Direct | F1, F9 |
| Id | Content |
|---|---|
| F1 | The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2021. |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2021. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.07 to $166.98, 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 ranges 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 $167.20 to $168.11, 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 ranges 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 $168.24 to $169.12, 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 ranges 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 $169.26 to $169.94, 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 ranges set forth in this footnote (6) to this Form 4. |
| F7 | Consists of (i) 23,767.15 shares of Common Stock; (ii) 853 restricted stock units that vest in full on February 25, 2022; (iii) 2,038 restricted stock units that vest ratably on each of February 25, 2022 and February 25, 2023; and (iv) 2,539 restricted stock units that vest ratably on each of February 25, 2022, February 25, 2023 and February 25, 2024. |
| F8 | This option became exercisable in three installments, beginning on March 6, 2016, which was the first anniversary of the date on which it was granted. The option became fully vested on March 6, 2018. |
| F9 | This option became exercisable in three installments, beginning on February 25, 2017, which was the first anniversary of the date on which it was granted. The option became fully vested on February 25, 2019. |
The signatory is signing on behalf of Michelle Oroschakoff pursuant to a Power of Attorney dated August 10, 2015.