SEC Form 4 · accession 0001225208-15-007437
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard J. Clark
Officer — EVP - Advisor Services
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 4:45 pm EDT
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 6, 2015 | M | 17,562 | $13.91 | A | 123,872 | I | by Trust |
| Common Stock | Mar 6, 2015 | M | 11,097 | $12.45 | A | 134,969 | I | by Trust |
| Common StockF2 | Mar 6, 2015 | S | 11,097 | $31.0583 | D | 123,872 | I | by Trust |
| Common Stock | Mar 6, 2015 | S | 15,218 | $30.75 | D | 108,654 | I | by Trust |
| Common StockF3 | Mar 6, 2015 | S | 17,562 | $31.0886 | D | 91,092 | I | by Trust |
| Common Stock | holding | — | — | — | 3,359 | I | by 401(k) | |
| Common Stock | holding | — | — | — | 605 | I | by ESOP |
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) | $13.91 | Mar 6, 2015 | M | 17,562 | D | Mar 1, 2013 | Mar 1, 2022 | Common Stock | 17,562 | 17,562 | D |
| Nonqualified Stock Option (right to buy) | $12.45 | Mar 6, 2015 | M | 11,097 | D | Aug 1, 2013 | Aug 1, 2022 | Common Stock | 11,097 | 22,194 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 25, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $31.00 to $31.12. 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.
- F3This transaction was executed in multiple trades at prices ranging from $31.00 to $31.29. 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.