Form Type: 4

SEC EDGAR Link
Accession Number:0001397911-20-000128
Date:2020-06-05
Issuer: LPL FINANCIAL HOLDINGS INC. (LPLA)
Original Submission Date:

Reporting Person:

ARNOLD DAN H.
C/O LPL FINANCIAL HOLDINGS INC.
4707 EXECUTIVE DRIVE SAN DIEGO, CA 92121

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-06-05 S 19,487 d $81.98 227,672 direct
COMMON STOCK 2020-06-05 S 11,647 d $82.62 216,025 direct
COMMON STOCK 2020-06-05 S 2,720 d $83.48 213,305 direct
COMMON STOCK 2020-06-05 S 1,146 d $84.62 212,159 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the sales reported in this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on march 13, 2020.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $81.20 to $82.18, 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 (2) to this form 4.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $82.20 to $83.07, 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 $83.20 to $84.18, 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 $84.30 to $84.91, 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 consists of (i) 171,738.94 shares of common stock; (ii) 25,873 restricted stock units that vest ratably on each of february 13, 2021 and february 13 2022; and (iii) 14,547 restricted stock units that vest ratably on each of february 25, 2021, february 25, 2022 and february 25, 2023.
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