SEC Form 4 · accession 0001225208-17-001678
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
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 12:30 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 | Jan 24, 2017 | M | 25,300 | $15.05 | A | 78,032 | I | by Trust |
| Common StockF2 | Jan 24, 2017 | S | 25,300 | $42.0334 | 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) | $15.05 | Jan 24, 2017 | M | 25,300 | D | Aug 1, 2012 | Aug 1, 2021 | Common Stock | 25,300 | 16,631 | 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 29, 2016.
- F2This transaction was executed in multiple trades at prices ranging from $42.00 to $42.09. 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.