SEC Form 4 · accession 0001225208-16-040613
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
Oct 19, 2016
Accepted (ET)
Oct 20, 2016 · 1:09 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 | Oct 19, 2016 | M | 612,000 | $17.38 | A | 956,459 | D | |
| Common StockF1 | Oct 19, 2016 | S | 612,000 | $32.6493 | D | 344,459 | D | |
| Common Stock | holding | — | — | — | 5,947 | I | by ESOP | |
| Common Stock | holding | — | — | — | 1,277 | I | by ESPP | |
| Common Stock | holding | — | — | — | 2,277 | 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) | $17.38 | Oct 19, 2016 | M | 612,000 | D | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 612,000 | 73,241 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $32.51 to $32.81. 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.