LPL Financial Holdings Inc.
LPL Investment Holdings Inc. (Form: 8-K, Received: 09/16/2008 14:00:09)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

September 9, 2008

Date of report (date of earliest event reported)

 

LPL Investment Holdings Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-52609

 

20-3717839

(State or other jurisdictions of
incorporation or organization)

 

(Commission File Number)

 

(I.R.S. Employer Identification
Nos.)

 

One Beacon Street, Floor 22

Boston MA 02108

(Address of principal executive offices) (Zip Code)

 

(617) 423-3644

(Registrant’s telephone number, including area code)

 

N/A

(Former Name or Former Address, if Changed since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:

 

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

As previously disclosed, LPL Investment Holdings Inc. (the “Company”) has appointed Robert Moore as Managing Director and Chief Financial Officer of the Company, effective September 2, 2008.  Mr. Moore will receive an annual base salary of $600,000.00 and bonuses of $450,000.00 to be paid in January 2009 and no less than $900,000.00 to be paid in January 2010.

 

In addition, in connection with his appointment to this position, on September 9, 2008, the Company granted Mr. Moore 120,000 options to purchase common stock of the Company under its 2008 Stock Option Plan at an exercise price of $26.33 per share. The options will vest 20% per year over five years beginning on the first anniversary of the grant date and will have a term of ten years.

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

LPL INVESTMENT HOLDINGS INC.

 

 

 

 

 

 

 

By:

/s/ Stephanie L. Brown

 

 

Name:

Stephanie L. Brown

 

 

Title:

Secretary

 

 

Dated: September 16, 2008

 

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