| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPLA | Common Stock | Award | $0 | +6.83K | +27.82% | $0.00 | 31.4K | Feb 25, 2023 | Direct | F1 |
| transaction | LPLA | Common Stock | Tax liability | -$1.06M | -4.28K | -13.64% | $247.30 | 27.1K | Feb 25, 2023 | Direct | |
| transaction | LPLA | Common Stock | Award | $0 | +2.53K | +9.34% | $0.00 | 29.6K | Feb 25, 2023 | Direct | F2 |
| transaction | LPLA | Common Stock | Sale | -$1.1M | -4.44K | -14.98% | $248.13 | 25.2K | Feb 27, 2023 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents shares of Common Stock received upon vesting of performance stock units ("PSUs") that were granted on February 25, 2020. The granted PSUs were eligible to become earned PSUs based on the Issuer's total stockholder return ("TSR") relative to the TSR of a predetermined comparator group over a three-year performance period ending December 31, 2022. Based on the Issuer's TSR relative to this peer group, PSUs were earned at 200% of the reporting person's target award. |
| F2 | 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 February 25, 2024, February 25, 2025, and February 25, 2026. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |
| F3 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2022. |
| F4 | Consists of (i) 21,080 shares of Common Stock; (ii) 677 restricted stock units that vest in full on February 25, 2024; (iii) 908 restricted stock units that vest ratably on each of February 25, 2024 and February 25, 2025; and (iv) the restricted stock units reported on this Form 4. |
The signatory is signing on behalf of Sallie R. Larsen pursuant to a Power of Attorney dated August 3, 2015.