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SCHWAB CHARLES CORP — Director's Dealing 2020
Jul 7, 2020
10451_dirs_2020-07-06_9aa2abfc-b834-4e4e-baea-868cbcf44ba6.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: 2020-07-01
Reporting Person: Ellis Stephen A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-01 | Restricted Stock Units | $ | A | 474 | Acquired | Common Stock (474) | Direct |
Footnotes
F1: Each restricted stock unit represents a right to receive one share of company stock.
F2: The restricted stock units were received pursuant to the Directors' Deferred Compensation Plan II (the "Plan") and are held in a rabbi trust for the benefit of the reporting person pursuant to the terms of the Plan.
F3: The restricted stock units are held in a rabbi trust for the benefit of the reporting person and are distributed to the reporting person when he leaves the Board of Directors.
F4: The restricted stock units were received in lieu of cash compensation otherwise payable as director fees.