SCHWAB CHARLES CORP — Director's Dealing 2010

Dec 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHWAB CHARLES CORP (SCHW)
CIK: 0000316709
Period of Report: 2010-12-02

Reporting Person: Allen Jay L (EVP - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-02	Common Stock	A	17545.0000	$8.7616	Acquired	34322.0000	Indirect
2010-12-02	Common Stock	S	17545.0000	$16.0000	Disposed	16777.0000	Indirect
2010-12-08	Common Stock	A	17545.0000	$8.7616	Acquired	34322.0000	Indirect
2010-12-08	Common Stock	S	500.0000	$16.5050	Disposed	33822.0000	Indirect
2010-12-08	Common Stock	S	17045.0000	$16.5000	Disposed	16777.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-02	Nonqualified Stock Option (right to buy)	$8.7616	M	17545.0000	Disposed	2011-09-30	Common Stock (17545.0000)	Direct
2010-12-08	Nonqualified Stock Option (right to buy)	$8.7616	M	17545.0000	Disposed	2011-09-30	Common Stock (17545.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17655.0000	Direct
Common Stock	333.0000	Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2010.