SEC Form 4 · accession 0001225208-16-029091
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter W Bettinger
Officer — President and CEO · Director
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 4:57 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 StockF1 | Mar 1, 2016 | M | 49,844 | $25.90 | A | 330,603 | D | |
| Common StockF1 | Mar 2, 2016 | M | 13,105 | $26.5425 | A | 343,708 | D | |
| Common Stock | holding | — | — | — | 5,935 | I | by ESOP | |
| Common Stock | holding | — | — | — | 1,277 | I | by ESPP | |
| Common Stock | holding | — | — | — | 2,267 | I | By Spouse |
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)F2 | $26.39 | Mar 1, 2016 | A | 464,629 | A | Mar 1, 2017 | Mar 1, 2026 | Common Stock | 464,629 | 464,629 | D |
Explanation of responses
- F1Shares acquired on the vesting of restricted stock units.
- F2The 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.