Source: http://investor.lpl.com/secfiling.cfm?filingID=903423-13-100&CIK=1397911
Timestamp: 2018-02-19 01:48:03
Document Index: 233094415

Matched Legal Cases: ['§ 240', '§ 240', '§ 240', '§ 240', '§ 240', '§ 240']

LPL Financial Holdings Inc. (Form: SC 13G/A, Received: 02/14/2013 14:28:16)
50212V 100
CUSIP No: 50212V 100
26,960,185
24.8% (1)
(1) Based on a total of 108,544,407 shares of Common Stock (as defined below) outstanding as of October 26, 2012, as reported on the Issuer’s third quarter Form 10-Q filed with the Securities and Exchange Commission (the “ Commission ”) on October 31, 2012.
24.8% (2)
(2) Based on a total of 108,544,407 shares of Common Stock outstanding as of October 26, 2012, as reported on the Issuer’s third quarter Form 10-Q filed with the Commission on October 31, 2012.
24.8% (3)
(3) Based on a total of 108,544,407 shares of Common Stock outstanding as of October 26, 2012, as reported on the Issuer’s third quarter Form 10-Q filed with the Commission on October 31, 2012.
This Amendment No. 2 (“ Amendment No. 2 ”) to Schedule 13G (as amended, the “ Schedule 13G ”) is being filed jointly by TPG Group Holdings (SBS) Advisors, Inc., a Delaware corporation (“ Group Advisors ”), David Bonderman and James G. Coulter (each a “ Reporting Person ” and, together, the “ Reporting Persons ”), pursuant to an Agreement of Joint Filing incorporated by reference herein in accordance with Rule 13d-1(k)(1) under the Act.
Group Advisors is the general partner of TPG Group Holdings (SBS), L.P., a Delaware limited partnership, which is the sole member of TPG Holdings I-A, LLC, a Delaware limited liability company, which is the general partner of TPG Holdings I, L.P., a Delaware limited partnership, which is the sole member of TPG GenPar IV Advisors, LLC, a Delaware limited liability company, which is the general partner of TPG GenPar IV, L.P., a Delaware limited partnership, which is the general partner of TPG Partners IV, L.P., a Delaware limited partnership (“ Partners IV ”), which directly holds the shares of Common Stock of the Issuer reported herein (the “ Shares ”). Because of Group Advisor’s relationship to Partners IV, Group Advisors may be deemed to beneficially own the Shares.
David Bonderman and James G. Coulter are directors, officers and sole shareholders of Group Advisors, and therefore may be deemed to beneficially own the Shares. Messrs. Bonderman and Coulter disclaim beneficial ownership of the Shares except to the extent of their pecuniary interest therein.
50212V 100.
If this Statement is Filed Pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a(n):
Investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
Employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
Parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
Church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
Non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _______________
Percent of Class :
See Item 11 of each of the cover pages.
Partners IV is a party to a Shareholders’ Agreement, dated December 28, 2005 (the “ Original Shareholders’ Agreement ”), and as amended November 23, 2010 (the “ Amendment to the Shareholders’ Agreement ” and, together with the Original Shareholders’ Agreement, the “ Shareholders’ Agreement ”), by and among the Issuer, Hellman & Friedman Capital Partners V, L.P., Hellman & Friedman Capital Partners V (Parallel), L.P., Hellman & Friedman Capital Associates V, L.P. (collectively, the “ Hellman Funds ”), Partners IV, the Founders (as defined in the Shareholders’ Agreement), the Managers (as defined in the Shareholders’ Agreement) and other parties thereto.
As a result of the Registration Statement effective as of November 17, 2010, certain corporate governance provisions of the Shareholders’ Agreement have lapsed. The Amendment to the Shareholders’ Agreement also terminated certain provisions, including drag-along rights.
Partners IV is also party to a Shareholders’ Agreement, dated November 23, 2010 (the “ New Shareholders’ Agreement ”), by and among the Issuer, the Hellman Funds, Partners IV, the Founders (as defined in the New Shareholders’ Agreement), the Managers (as defined in the New Shareholders’ Agreement) and other parties thereto.
The New Shareholders’ Agreement provides the Hellman Funds and Partners IV the right to (i) each designate two directors to the initial board of directors of the Issuer and (ii) each nominate two directors to be included in the slate of nominees recommended by the board of directors of the Issuer for election as directors at each applicable annual or special meeting of shareholders at which directors are to be elected so long as it owns 30% or more of the outstanding Common Stock and one director so long as it owns 10% or more of the Common Stock. The New Shareholders’ Agreement requires the Hellman Funds and Partners IV to vote their Common Stock for directors that are nominated in accordance with the provisions of the New Shareholders’ Agreement. The New Shareholders’ Agreement also contains customary demand registration rights.
The Hellman Funds and Partners IV collectively own, based on available information, including information provided by the Hellman Funds, approximately 45,842,164 shares of Common Stock of the Issuer, which represents approximately 42.2% of the outstanding Common Stock based on a total of 108,544,407 shares of Common Stock outstanding. Each Reporting Person disclaims beneficial ownership of the Shares of Common Stock held by the Hellman Funds. The share ownership reported herein by Partners IV does not include any shares owned by the other parties to the Shareholders’ Agreement, except to the extent already disclosed in this Schedule 13G.
Name: Ronald Cami, on behalf
of David Bonderman (4)
of James G. Coulter (5)
(4) Ronald Cami is signing on behalf of Mr. Bonderman pursuant to an authorization and designation letter dated July 1, 2010, previously filed with the Commission as an exhibit to a Schedule 13D filed by Mr. Bonderman on July 26, 2010 (SEC File No. 005-43571).
(5) Ronald Cami is signing on behalf of Mr. Coulter pursuant to the authorization and designation letter dated July 1, 2010, previously filed with the Commission as an exhibit to a Schedule 13D filed by Mr. Coulter on July 26, 2010 (SEC File No. 005-43571).