LPL Financial Holdings Inc.
LPL Financial Holdings Inc. (Form: 3, Received: 03/19/2015 17:22:32)
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 *

Handelsman Sharyn

2. Date of Event Requiring Statement (MM/DD/YYYY)
3/11/2015 

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, Chief Compliance Officer /

(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   6478   (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) 11/17/2020   Common Stock   10100.0   $30.0   D    
Option to purchase Common Stock     (3) 12/22/2020   Common Stock   10000.0   $34.61   D    
Option to purchase Common Stock     (4) 2/9/2022   Common Stock   12491.0   $32.26   D    
Option to purchase Common Stock     (5) 2/22/2023   Common Stock   10050.0   $31.6   D    
Option to purchase Common Stock     (6) 2/24/2024   Common Stock   5130.0   $54.81   D    
Option to purchase Common Stock     (7) 3/6/2025   Common Stock   7144.0   $45.55   D    
Option to purchase Common Stock   3/6/2018   (8) 3/6/2025   Common Stock   2857.0   $45.55   D    

Explanation of Responses:
( 1)  Consists of (i) 2,127 shares of Common Stock; (ii) 1,266 restricted stock units that vest ratably on February 22, 2016 and February 22, 2017; (iii) 864 restricted stock units that vest ratably on February 24, 2016 and February 24, 2017; (iv) 1,587 restricted stock units that vest ratably on March 6, 2016, March 6, 2017 and March 6, 2018; and (v) 634 restricted stock units that vest in full on March 6, 2018.
( 2)  This option is currently exercisable as to 5,050 shares. The remaining award will become vested and exercisable on November 17, 2015.
( 3)  This option is currently exercisable as to 8,000 shares. The remaining award will become vested and exercisable on December 22, 2015.
( 4)  This option is currently exercisable as to 7,495 shares. The remaining award will vest ratably on February 9, 2016 and February 9, 2017.
( 5)  This option is currently exercisable as to 5,025 shares. The remaining award will vest ratably on February 22, 2016 and February 22, 2017.
( 6)  This option is currently exercisable as to 1,710 shares. The remaining award will vest ratably on February 24, 2016 and February 24, 2017.
( 7)  This option is not currently exercisable as to any shares. The remaining award will vest ratably on March 6, 2016, March 6, 2017 and March 6, 2018.
( 8)  This option will become exercisable in full on March 6, 2018.

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


MD, Chief Compliance Officer

Signatures
/s/ Sharyn J Handelsman 3/19/2015
** 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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