SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Morrissey William P. Jr.

(Last) (First) (Middle)
C/O LPL FINANCIAL HOLDINGS INC.
75 STATE STREET, 24TH FLOOR

(Street)
BOSTON MA 02109

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/14/2014
3. Issuer Name and Ticker or Trading Symbol
LPL Financial Holdings Inc. [ LPLA ]
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
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 5,922(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: 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) 06/07/2017 Common Stock 57,150 21.6 D
Option to purchase Common Stock (3) 02/05/2018 Common Stock 20,000 27.8 D
Option to purchase Common Stock (4) 09/14/2019 Common Stock 40,000 22.08 D
Option to purchase Common Stock (5) 11/16/2019 Common Stock 15,000 23.02 D
Option to purchase Common Stock (6) 12/22/2020 Common Stock 20,000 34.61 D
Option to purchase Common Stock (7) 02/09/2022 Common Stock 12,152 32.26 D
Option to purchase Common Stock (8) 02/22/2023 Common Stock 9,446 31.6 D
Option to purchase Common Stock (9) 02/24/2024 Common Stock 5,491 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.
Remarks:
/s/ William P. Morrissey Jr. 04/23/2014
** 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).
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