SEC Form 4 · accession 0001225208-15-007438
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D McCool
Officer — EVP - Client Solutions
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 | 74,000 | $17.38 | A | 184,838 | D | |
| Common StockF2 | Mar 6, 2015 | S | 74,000 | $31.3906 | D | 110,838 | D | |
| Common Stock | holding | — | — | — | 29,361 | I | by 401(k) | |
| Common Stock | holding | — | — | — | 5,297 | 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) | $17.38 | Mar 6, 2015 | M | 74,000 | D | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 74,000 | 73,591 | 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 August 27, 2014.
- F2This transaction was executed in multiple trades at prices ranging from $31.00 to $31.61. 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.