SEC Form 4 · accession 0001225208-19-004580
SCHWAB CHARLES CORP · SCHW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terri R Kallsen
Officer — EVP - Investor Services
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 3:49 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 | Mar 1, 2019 | M | 22,482 | $26.39 | A | 22,482 | I | by Trust |
| Common StockF1 | Mar 1, 2019 | M | 16,346 | $46.77 | A | 38,828 | I | by Trust |
| Common StockF3 | Mar 1, 2019 | S | 22,482 | $46.6632 | D | 16,346 | I | by Trust |
| Common Stock | Mar 4, 2019 | M | 18,803 | $30.17 | A | 35,149 | I | by Trust |
| Common StockF4 | Mar 4, 2019 | S | 18,803 | $46.8446 | D | 16,346 | I | by Trust |
| Common Stock | holding | — | — | — | 1,249 | I | by ESPP |
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) | $26.39 | Mar 1, 2019 | M | 22,482 | D | Mar 1, 2017 | Mar 1, 2026 | Common Stock | 22,482 | 22,483 | D |
| Nonqualified Stock Option (right to buy)F5 | $46.81 | Mar 1, 2019 | A | 66,856 | A | Mar 1, 2020 | Mar 1, 2029 | Common Stock | 66,856 | 66,856 | D |
| Nonqualified Stock Option (right to buy) | $30.17 | Mar 4, 2019 | M | 18,803 | D | Mar 2, 2016 | Mar 2, 2025 | Common Stock | 18,803 | 0 | D |
Explanation of responses
- F1Shares acquired on the vesting of restricted stock units.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 16, 2018.
- F3This transaction was executed in multiple trades at prices ranging from $46.51 to $46.83. 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.
- F4This transaction was executed in multiple trades at prices ranging from $46.64 to $47.03. 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.
- F5The option was granted under the company's 2013 Stock Incentive Plan and vests in four equal annual installments beginning on the first anniversary of the grant date.