SEC Form 4 · accession 0001225208-16-040801
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Martinetto
Officer — Senior EVP and CFO
Period of report
Oct 26, 2016
Accepted (ET)
Oct 28, 2016 · 12:30 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 26, 2016 | M | 80,000 | $17.38 | A | 226,211 | D | |
| Common StockF1 | Oct 26, 2016 | S | 80,000 | $32.1606 | D | 146,211 | D | |
| Common Stock | Oct 27, 2016 | M | 122,920 | $19.36 | A | 269,131 | D | |
| Common Stock | Oct 27, 2016 | M | 46,507 | $17.38 | A | 315,638 | D | |
| Common StockF2 | Oct 27, 2016 | S | 46,507 | $32.2204 | D | 269,131 | D | |
| Common StockF2 | Oct 27, 2016 | S | 122,920 | $32.2204 | D | 146,211 | D | |
| Common Stock | holding | — | — | — | 611 | 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 | Oct 26, 2016 | M | 80,000 | D | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 80,000 | 46,507 | D |
| Nonqualified Stock Option (right to buy) | $17.38 | Oct 27, 2016 | M | 46,507 | D | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 46,507 | 0 | D |
| Nonqualified Stock Option (right to buy) | $19.36 | Oct 27, 2016 | M | 122,920 | D | Nov 3, 2009 | Nov 3, 2018 | Common Stock | 122,920 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $32.13 to $32.20. 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.
- F2This transaction was executed in multiple trades at prices ranging from $32.031 to $32.41. 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.