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SCHWAB CHARLES CORP — Director's Dealing 2016
Mar 3, 2016
10451_dirs_2016-03-03_79f36f76-faad-4368-b6a7-bf0ff71b9b65.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCHWAB CHARLES CORP (SCHW)
CIK: 0000316709
Period of Report: 2016-03-01
Reporting Person: Clark Bernard J. (EVP - Advisor Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-01 | Common Stock | M | 10073.0000 | $25.9000 | Acquired | 56795.2384 | Indirect |
| 2016-03-02 | Common Stock | M | 2448.0000 | $26.5425 | Acquired | 59243.2384 | Indirect |
| 2016-03-03 | Common Stock | S | 10073.0000 | $26.6386 | Disposed | 49170.2384 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-01 | Nonqualified Stock Option (right to buy) | $26.3900 | A | 89929.0000 | Acquired | 2026-03-01 | Common Stock (89929.0000) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3382.6900 | Indirect |
| Common Stock | 609.6060 | Indirect |
Footnotes
F1: Shares acquired on the vesting of restricted stock units.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2015.
F3: This transaction was executed in multiple trades at prices ranging from $26.32 to $27.04. 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.
F4: The 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.