| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPLA | Common Stock | Options Exercise | $119K | +2.62K | +26.21% | $45.55* | 12.6K | Aug 22, 2023 | Direct | F1 |
| transaction | LPLA | Common Stock | Options Exercise | $29.6K | +650 | +5.16% | $45.55* | 13.2K | Aug 22, 2023 | Direct | F1 |
| transaction | LPLA | Common Stock | Sale | -$754K | -3.27K | -24.65% | $230.86 | 9.98K | Aug 22, 2023 | Direct | F2, F3 |
| 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 | -2.62K | -100% | $0.00* | 0 | Aug 22, 2023 | Common Stock | 2.62K | $45.55 | Direct | F1, F4 |
| transaction | LPLA | Option to purchase Common Stock | Options Exercise | $0 | -650 | -32% | $0.00 | 1.38K | Aug 22, 2023 | Common Stock | 650 | $45.55 | Direct | F1, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 May 23, 2023. |
| F2 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2023. |
| F3 | Consists of (i) 6,828 shares of Common Stock; (ii) 655 restricted stock units that vest in full on February 25, 2024; (iii) 1,014 restricted stock units that vest ratably on each of February 25, 2024 and February 25, 2025; and (iv) 1,481 restricted stock units that vest ratably on each of February 25, 2024, February 25, 2025 and February 25, 2026. |
| F4 | 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. |
| F5 | This option became exercisable in full on the third anniversary of the date on which it was granted. |
The signatory is signing on behalf of Matthew Enyedi pursuant to a Power of Attorney dated December 31, 2019.