0001397911-22-000038.txt : 20220301
0001397911-22-000038.hdr.sgml : 20220301
20220301183142
ACCESSION NUMBER: 0001397911-22-000038
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220225
FILED AS OF DATE: 20220301
DATE AS OF CHANGE: 20220301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Steinmeier Richard
CENTRAL INDEX KEY: 0001750576
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34963
FILM NUMBER: 22700393
MAIL ADDRESS:
STREET 1: C/O LPL FINANCIAL HOLDINGS, INC.
STREET 2: 75 STATE STREET, 22ND FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LPL Financial Holdings Inc.
CENTRAL INDEX KEY: 0001397911
STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200]
IRS NUMBER: 203717839
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4707 EXECUTIVE DRIVE
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
BUSINESS PHONE: 800-877-7210
MAIL ADDRESS:
STREET 1: 4707 EXECUTIVE DRIVE
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
FORMER COMPANY:
FORMER CONFORMED NAME: LPL Investment Holdings Inc.
DATE OF NAME CHANGE: 20070427
4
1
wf-form4_164617747016989.xml
FORM 4
X0306
4
2022-02-25
0
0001397911
LPL Financial Holdings Inc.
LPLA
0001750576
Steinmeier Richard
C/O LPL FINANCIAL HOLDINGS INC.
4707 EXECUTIVE DRIVE
SAN DIEGO
CA
92121
0
1
0
0
Managing Director
Common Stock
2022-02-25
4
A
0
6534
0
A
25700
D
Common Stock
2022-02-25
4
F
0
4234
182.73
D
21466
D
Common Stock
2022-02-25
4
A
0
2612
0
A
24078
D
Represents shares of Common Stock received upon vesting of performance stock units ("PSUs") that were granted on February 25, 2019. 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, 2021. Based on the Issuer's TSR relative to this peer group, PSUs were earned at 200% of the reporting person's target award.
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, 2023, February 25, 2024, and February 25, 2025. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
Consists of (i) 9,711 shares of Common Stock; (ii) 7,537 restricted stock units that vest in full on September 7, 2022; (iii) 1,378 restricted stock units that vest in full on February 25, 2023; (iv) 2,840 restricted stock units that vest ratably on each of February 25, 2023 and February 25, 2024; and (v) the restricted stock units reported on this Form 4.
The signatory is signing on behalf of Richard Steinmeier pursuant to a Power of Attorney dated August 21, 2018.
/s/ Gregory M. Woods, attorney-in-fact
2022-03-01