SCHWAB CHARLES CORP — Director's Dealing 2011

Jan 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHWAB CHARLES CORP (SCHW)
CIK: 0000316709
Period of Report: 2011-01-03

Reporting Person: MCLIN STEPHEN T (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-03	Nonqualified Stock Option (right to buy)	$17.5000	A	5730.0000	Acquired	2021-01-03	Common Stock (5730.0000)	Direct

Footnotes

F1: The option was received pursuant to the Directors' Deferred Compensation Plan II and vests immediately.