SEC Form 4 · accession 0001225208-15-006771
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay L Allen
Officer — EVP and Chief Admin Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000316709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2015 | M | 10,089 | $16.40 | A | 15,743 | I | by Trust |
| Common StockF1 | Mar 2, 2015 | M | 8,397 | $29.77 | A | 24,140 | I | by Trust |
| Common Stock | Mar 2, 2015 | M | 8,264 | $13.91 | A | 32,404 | I | by Trust |
| Common Stock | Mar 2, 2015 | M | 7,926 | $18.66 | A | 40,330 | I | by Trust |
| Common Stock | Mar 2, 2015 | S | 7,926 | $30.15 | D | 32,404 | I | by Trust |
| Common Stock | Mar 2, 2015 | S | 8,264 | $29.36 | D | 24,140 | I | by Trust |
| Common StockF3 | Mar 2, 2015 | S | 10,089 | $29.8501 | D | 14,051 | I | by Trust |
| Common StockF1 | Mar 3, 2015 | M | 3,005 | $29.95 | A | 17,056 | I | by Trust |
| Common Stock | holding | — | — | — | 1,768 | I | by ESPP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (right to buy) | $18.66 | Mar 2, 2015 | M | 7,926 | D | Mar 1, 2012 | Mar 1, 2021 | Common Stock | 7,926 | 0 | D |
| Nonqualified Stock Option (right to buy) | $13.91 | Mar 2, 2015 | M | 8,264 | D | Mar 1, 2013 | Mar 1, 2022 | Common Stock | 8,264 | 8,265 | D |
| Nonqualified Stock Option (right to buy) | $16.40 | Mar 2, 2015 | M | 10,089 | D | Mar 1, 2014 | Mar 1, 2023 | Common Stock | 10,089 | 20,178 | D |
| Nonqualified Stock Option (right to buy)F4 | $30.17 | Mar 2, 2015 | A | 66,186 | A | Mar 2, 2016 | Mar 2, 2025 | Common Stock | 66,186 | 66,186 | D |
Explanation of responses
- F1Shares acquired on the vesting of restricted stock units.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2014.
- F3This transaction was executed in multiple trades at prices ranging from $29.78 to $30.05. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4The option was granted under the company's 2013 Stock Incentive Plan and vests in four equal annual installments beginning on the first anniversary of the grant date.