SEC Form 4 · accession 0001225208-17-015361
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
Sep 27, 2017
Accepted (ET)
Sep 28, 2017 · 1:38 pm EDT
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 | Sep 27, 2017 | M | 42,500 | $13.64 | A | 95,350 | I | by Trust |
| Common Stock | Sep 27, 2017 | M | 32,744 | $15.43 | A | 128,094 | I | by Trust |
| Common StockF2 | Sep 27, 2017 | S | 32,744 | $43.9297 | D | 95,350 | I | by Trust |
| Common StockF2 | Sep 27, 2017 | S | 42,500 | $44.0265 | D | 52,850 | I | by Trust |
| Common Stock | holding | — | — | — | 3,418 | I | by 401(k) | |
| Common Stock | holding | — | — | — | 614 | 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) | $15.43 | Sep 27, 2017 | M | 32,744 | D | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 32,744 | 0 | D |
| Nonqualified Stock Option (right to buy) | $13.64 | Sep 27, 2017 | M | 42,500 | D | Nov 1, 2013 | Nov 1, 2022 | Common Stock | 42,500 | 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 21, 2017.
- F2This transaction was executed in multiple trades at prices ranging from $43.81 to $44.15. 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.