SEC Form 4 · accession 0001225208-16-042280
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
Nov 23, 2016
Accepted (ET)
Nov 28, 2016 · 1:45 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 23, 2016 | M | 34,233 | $15.43 | A | 277,892 | D | |
| Common StockF1 | Nov 23, 2016 | S | 34,233 | $39.2066 | D | 243,659 | 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) | $15.43 | Nov 23, 2016 | M | 34,233 | D | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 34,233 | 253,015 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $39.20 to $39.22. 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.