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SCHWAB CHARLES CORP — Director's Dealing 2021
Jan 6, 2021
10451_dirs_2021-01-06_cd3d77bf-0ca3-417c-9113-b78bb4f3c3d1.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: 2021-01-04
Reporting Person: Masrani Bharat (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-04 | Restricted Stock Units | $ | A | 545.0000 | Acquired | Common Stock (545.0000) | 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.