SEC Form 4 · accession 0001225208-16-041749
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Bernard J. Clark
Officer — EVP - Advisor Services
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 7:23 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 | Nov 10, 2016 | M | 65,056 | $15.00 | A | 117,788 | I | by Trust |
| Common Stock | Nov 10, 2016 | M | 28,090 | $18.25 | A | 145,878 | I | by Trust |
| Common StockF2 | Nov 10, 2016 | S | 28,090 | $35.3152 | D | 117,788 | I | by Trust |
| Common StockF2 | Nov 10, 2016 | S | 65,056 | $35.3152 | D | 52,732 | I | by Trust |
| Common Stock | holding | — | — | — | 3,403 | I | by 401(k) | |
| Common Stock | holding | — | — | — | 610 | 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) | $18.25 | Nov 10, 2016 | M | 28,090 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 28,090 | 0 | D |
| Nonqualified Stock Option (right to buy) | $15.00 | Nov 10, 2016 | M | 65,056 | D | Aug 2, 2011 | Aug 2, 2020 | Common Stock | 65,056 | 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 $35.58. 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.