LPL Financial Holdings Inc.
LPL Investment Holdings Inc. (Form: 3, Received: 05/08/2012 20:12:58)
FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kalbaugh John Andrew

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/1/2012 

3. Issuer Name and Ticker or Trading Symbol

LPL Investment Holdings Inc. [LPLA]

(Last)        (First)        (Middle)

C/O LPL INVESTMENT HOLDINGS INC., ONE BEACON STREET, 22ND FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
MD, Institution Services /

(Street)

BOSTON, MA 02108       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase common stock     (1) 8/20/2017   Common Stock   30000   $25.50   D    
Option to purchase common stock     (2) 6/10/2018   Common Stock   10000   $27.17   D    
Option to purchase common stock     (3) 9/14/2019   Common Stock   40000   $22.08   D    
Option to purchase common stock     (4) 12/22/2020   Common Stock   19600   $34.61   D    
Option to purchase common stock     (5) 2/9/2022   Common Stock   25635   $32.26   D    

Explanation of Responses:
( 1)  This option is currently exercisable as to 24,000 shares. The remaining award will become exercisable on August 20, 2012.
( 2)  This option is currently exercisable as to 6,000 shares. The remaining award will become exercisable in increments of 2,000 shares on each of June 10, 2012 and June 10, 2013.
( 3)  This option is currently exercisable as to 16,000 shares. The remaining award will become exercisable in increments of 8,000 shares on each of September 14, 2012, 2013 and 2014.
( 4)  This option is currently exercisable as to 3,920 shares. The remaining award will become exercisable in increments of 3,920 shares on each of December 22, 2012, 2013, 2014 and 2015.
( 5)  This option is not currently exercisable as to any shares. The award will become exercisable in increments of 5,127 shares on each of February 9, 2013, 2014, 2015, 2016 and 2017.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Kalbaugh John Andrew
C/O LPL INVESTMENT HOLDINGS INC.
ONE BEACON STREET, 22ND FLOOR
BOSTON, MA 02108


MD, Institution Services

Signatures
/s/ John Andrew Kalbaugh 5/8/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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