SEC Form 4 · accession 0001225208-16-043625
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marie A Chandoha
Officer — President - CSIM
Period of report
Dec 20, 2016
Accepted (ET)
Dec 20, 2016 · 8:17 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 | Dec 20, 2016 | M | 9,705 | $22.67 | A | 12,723 | I | by Trust |
| Common StockF2 | Dec 20, 2016 | S | 9,705 | $40.0418 | D | 3,018 | I | by Trust |
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) | $22.67 | Dec 20, 2016 | M | 9,705 | D | Aug 1, 2014 | Aug 1, 2023 | Common Stock | 9,705 | 9,705 | 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 November 16, 2016.
- F2This transaction was executed in multiple trades at prices ranging from $40.00 to $40.13. 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.