Anne M. Mulcahy - 19 May 2022 Form 4 Insider Report for LPL Financial Holdings Inc. (LPLA)

Role
Director
Signature
/s/ Gregory M. Woods, attorney-in-fact
Issuer symbol
LPLA
Transactions as of
19 May 2022
Net transactions value
$0
Form type
4
Filing time
23 May 2022, 18:40:57 UTC
Previous filing
04 May 2022
Next filing
02 Jun 2022
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 +814 +2.6% $0.000000 32,569 19 May 2022 Direct F1
transaction LPLA Common Stock Award $0 +525 +1.6% $0.000000 33,094 19 May 2022 Direct F2
* 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 that was granted under the Issuer's 2021 Omnibus Equity Incentive Plan (the "2021 Plan") pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy"). This restricted stock is scheduled to vest in full on May 10, 2023.
F2 The reporting person elected to receive these shares, which were granted under the 2021 Plan, in lieu of the cash portion of the annual retainer under the Policy.

Remarks:

The signatory is signing on behalf of Anne M. Mulcahy pursuant to a Power of Attorney dated March 10, 2014.