Aneri Jambusaria - Nov 2, 2023 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
Nov 2, 2023
Transactions value $
-$429,174
Form type
4
Date filed
11/6/2023, 04:47 PM
Previous filing
Jun 7, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPLA Common Stock Sale -$429K -1.93K -51.71% $222.37 1.8K Nov 2, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.11 to $222.40, 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 range set forth in this footnote (1) to this Form 4.
F2 Consists of (i) 430 restricted stock units that vest in full on February 25, 2024; (ii) 596 restricted stock units that vest ratably on each of February 25, 2024 and February 25, 2025; and (iii) 776 restricted stock units that vest ratably on each of February 25, 2024, February 25, 2025 and February 25, 2026.

Remarks:

The signatory is signing on behalf of Aneri Jambusaria pursuant to a Power of Attorney dated February 15, 2023.