SEC Form 4 · accession 0001225208-16-042181
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard J. Clark
Officer — EVP - Advisor Services
Period of report
Nov 22, 2016
Accepted (ET)
Nov 23, 2016 · 1:41 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 22, 2016 | M | 23,500 | $11.75 | A | 76,232 | I | by Trust |
| Common Stock | Nov 22, 2016 | M | 22,194 | $12.45 | A | 98,426 | I | by Trust |
| Common Stock | Nov 22, 2016 | M | 17,562 | $13.91 | A | 115,988 | I | by Trust |
| Common StockF1 | Nov 22, 2016 | S | 17,562 | $38.1382 | D | 98,426 | I | by Trust |
| Common StockF1 | Nov 22, 2016 | S | 22,194 | $38.1382 | D | 76,232 | I | by Trust |
| Common StockF1 | Nov 22, 2016 | S | 23,500 | $38.1382 | 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) | $13.91 | Nov 22, 2016 | M | 17,562 | D | Mar 1, 2013 | Mar 1, 2022 | Common Stock | 17,562 | 0 | D |
| Nonqualified Stock Option (right to buy) | $12.45 | Nov 22, 2016 | M | 22,194 | D | Aug 1, 2013 | Aug 1, 2022 | Common Stock | 22,194 | 0 | D |
| Nonqualified Stock Option (right to buy) | $11.75 | Nov 22, 2016 | M | 23,500 | D | Nov 1, 2012 | Nov 1, 2021 | Common Stock | 23,500 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $38.07 to $38.20. 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.