Calder Tracy 4
4 · LPL Financial Holdings Inc. · Filed Feb 27, 2018
Insider Transaction Report
Form 4
Calder Tracy
MD, Deputy Chief Risk Officer
Transactions
- Award
Option to purchase Common Stock
2018-02-23+4,837→ 4,837 totalExercise: $65.50Exp: 2028-02-23→ Common Stock (4,837 underlying) - Award
Common Stock
2018-02-23+1,563→ 31,675 total - Tax Payment
Common Stock
2018-02-25$65.50/sh−3,778$247,459→ 27,897 total
Footnotes (3)
- [F1]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 23, 2019, February 23, 2020 and February 23, 2021. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
- [F2]Consists of (i) 12,004 shares of Common Stock; (ii) 10,747 restricted stock units that vest in full on February 25, 2019; (iii) 1,171 restricted stock units that vest in full on February 25, 2019; (iv) 2,412 restricted stock units that vest ratably on each of March 13, 2018, March 13, 2019 and March 13, 2020; and (v) the restricted stock units reported in this Form 4.
- [F3]This option becomes exercisable in three equal annual installments on each of February 23, 2019, February 23, 2020 and February 23, 2021.