SEC Form 4 · accession 0001225208-16-040687
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 20, 2016
Accepted (ET)
Oct 21, 2016 · 5:37 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 20, 2016 | M | 281,909 | $15.00 | A | 626,368 | D | |
| Common Stock | Oct 20, 2016 | M | 243,446 | $18.25 | A | 869,814 | D | |
| Common Stock | Oct 20, 2016 | M | 73,241 | $17.38 | A | 943,055 | D | |
| Common StockF1 | Oct 20, 2016 | S | 73,241 | $32.3367 | D | 869,814 | D | |
| Common StockF1 | Oct 20, 2016 | S | 243,446 | $32.3367 | D | 626,368 | D | |
| Common StockF1 | Oct 20, 2016 | S | 281,909 | $32.3367 | 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) | $18.25 | Oct 20, 2016 | M | 243,446 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 243,446 | 0 | D |
| Nonqualified Stock Option (right to buy) | $15.00 | Oct 20, 2016 | M | 281,909 | D | Aug 2, 2011 | Aug 2, 2020 | Common Stock | 281,909 | 0 | D |
| Nonqualified Stock Option (right to buy) | $17.38 | Oct 20, 2016 | M | 73,241 | D | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 73,241 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $32.2 to $32.56. 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.