SEC Form 4 · accession 0001225208-15-021808
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
Dec 4, 2015
Accepted (ET)
Dec 7, 2015 · 1:32 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 | Dec 4, 2015 | M | 25,987 | $17.38 | A | 25,987 | D | |
| Common StockF2 | Dec 4, 2015 | S | 25,987 | $34.5025 | D | 20,292 | I | by Trust |
| Common Stock | holding | — | — | — | 3,368 | I | by 401(k) | |
| Common Stock | holding | — | — | — | 606 | 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 | Dec 4, 2015 | M | 25,987 | D | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 25,987 | 0 | 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 25, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $34.50 to $34.515. 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.