LPL Financial Holdings Inc.
LPL Financial Holdings Inc. (Form: 3, Received: 04/23/2014 16:31:48)
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 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Morrissey William P. Jr.

2. Date of Event Requiring Statement (MM/DD/YYYY)
4/14/2014 

3. Issuer Name and Ticker or Trading Symbol

LPL Financial Holdings Inc. [LPLA]

(Last)        (First)        (Middle)

C/O LPL FINANCIAL HOLDINGS INC., 75 STATE STREET, 24TH FLOOR

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

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
MD, Independent Advisor Svcs /

(Street)

BOSTON, MA 02109       

(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)
Common Stock   5922   (1) D    

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     (2) 6/7/2017   Common Stock   57150.0   $21.6   D    
Option to purchase Common Stock     (3) 2/5/2018   Common Stock   20000.0   $27.8   D    
Option to purchase Common Stock     (4) 9/14/2019   Common Stock   40000.0   $22.08   D    
Option to purchase Common Stock     (5) 11/16/2019   Common Stock   15000.0   $23.02   D    
Option to purchase Common Stock     (6) 12/22/2020   Common Stock   20000.0   $34.61   D    
Option to purchase Common Stock     (7) 2/9/2022   Common Stock   12152.0   $32.26   D    
Option to purchase Common Stock     (8) 2/22/2023   Common Stock   9446.0   $31.6   D    
Option to purchase Common Stock     (9) 2/24/2024   Common Stock   5491.0   $54.81   D    

Explanation of Responses:
( 1)  Consists of (i) 333 shares of Common Stock (ii) 1,785 restricted stock units that vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017; (iii) 2,418 restricted stock units that vest in full on February 25, 2015; and (iv) 1,386 restricted stock units that vest ratably on February 24, 2015, February 24, 2016 and February 24, 2017.
( 2)  This option became fully vested and exercisable on June 7, 2012.
( 3)  This option became fully vested and exercisable on February 5, 2013.
( 4)  This option is currently exercisable as to 32,000 shares. The remaining award will become vested and exercisable on September 14, 2014.
( 5)  This option is currently exercisable as to 12,000 shares. The remaining award will become vested and exercisable on November 16, 2014.
( 6)  This option is currently exercisable as to 12,000 shares. The remaining award will vest ratably on December 22, 2014 and December 22, 2015.
( 7)  This option is currently exercisable as to 4,861 shares. The remaining award will vest ratably on February 9, 2015, February 9, 2016 and February 9, 2017.
( 8)  This option is currently exercisable as to 2,361 shares. The remaining award will vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017.
( 9)  This option is not currently exercisable as to any shares. The remaining award will vest ratably on February 24, 2015, February 24, 2016 and February 24, 2017.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Morrissey William P. Jr.
C/O LPL FINANCIAL HOLDINGS INC.
75 STATE STREET, 24TH FLOOR
BOSTON, MA 02109


MD, Independent Advisor Svcs

Signatures
/s/ William P. Morrissey Jr. 4/23/2014
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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