| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPLA | Common Stock | Award | $0 | +5.94K | +23.4% | $0.00 | 31.3K | Feb 25, 2024 | Direct | F1 |
| transaction | LPLA | Common Stock | Tax liability | -$833K | -3.16K | -10.1% | $263.36 | 28.2K | Feb 25, 2024 | Direct | |
| transaction | LPLA | Common Stock | Award | $0 | +2.33K | +8.26% | $0.00 | 30.5K | Feb 25, 2024 | Direct | F2 |
| transaction | LPLA | Common Stock | Sale | -$56.1K | -213 | -0.7% | $263.44 | 30.3K | Feb 26, 2024 | Direct | F3 |
| transaction | LPLA | Common Stock | Sale | -$46.1K | -174 | -0.57% | $264.77 | 30.1K | Feb 26, 2024 | Direct | F4 |
| transaction | LPLA | Common Stock | Sale | -$2.35M | -8.82K | -29.32% | $266.12 | 21.3K | Feb 26, 2024 | Direct | F5 |
| transaction | LPLA | Common Stock | Sale | -$396K | -1.48K | -6.98% | $266.95 | 19.8K | Feb 26, 2024 | Direct | F6 |
| transaction | LPLA | Common Stock | Sale | -$189K | -707 | -3.57% | $267.87 | 19.1K | Feb 26, 2024 | Direct | F7, F8 |
| Id | Content |
|---|---|
| F1 | Represents shares of Common Stock received upon vesting of performance stock units ("PSUs") that were granted on February 25, 2021. 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, 2023. 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, 2025, February 25, 2026 and February 25, 2027. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.87 to $263.56, 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 (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 $264.53 to $264.95, 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 (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 $265.56 to $266.55, 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 (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 $266.56 to $267.50, 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 (6) to this Form 4. |
| F7 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $267.77 to $268, 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 (7) to this Form 4. |
| F8 | Consists of (i) 13,517 shares of Common Stock; (ii) 686 restricted stock units that vest in full on February 25, 2025; (iii) 1,019 restricted stock units that vest ratably on each of February 25, 2025 and February 25, 2026; (iv) 1,532 restricted stock units that vest ratably on each of June 12, 2024, June 12, 2025 and June 12, 2026; and (v) the restricted stock units reported on this Form 4. |
The signatory is signing on behalf of Greg Gates pursuant to a Power of Attorney dated August 2, 2021.