LPL FINL HLDGS INC

Ticker: LPLA CUSIP: 50212V100 Class: COM

Watershed Asset Management, L.L.C.'s Holding History (CIK: 0001315926)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015

Shares 104,410 Value ($000) $4,152 Avg Close $43.02 Range $37.72 - $48.18

Q2 2015

Shares 143,304 Value ($000) $6,662 Avg Close $43.25 Range $39.41 - $48.00

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	104,410	$4,152	$43.02	$37.72 - $48.18
Q2 2015	143,304	$6,662	$43.25	$39.41 - $48.00