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SCHW Charles Schwab Corporation

76.49
1.16 (1.54%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Charles Schwab Corporation NYSE:SCHW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.16 1.54% 76.49 76.47 75.17 76.08 5,374,862 01:00:00

Statement of Changes in Beneficial Ownership (4)

27/10/2021 8:44pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Clark Bernard J.
2. Issuer Name and Ticker or Trading Symbol

SCHWAB CHARLES CORP [ SCHW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP - Advisor Services
(Last)          (First)          (Middle)

3000 SCHWAB WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

10/25/2021
(Street)

WESTLAKE, TX 76262
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/25/2021  A  59931.0000 A$0.0000 59931.0000 (1)D  
Common Stock 10/26/2021  M  28370.0000 A$42.9900 100638.8091 I by Trust 
Common Stock 10/26/2021  S(2)  28370.0000 D$84.0038 (3)72268.8091 I by Trust 
Common Stock         3600.0990 I by 401(k) 
Common Stock         645.0090 I by ESOP 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Nonqualified Stock Option (right to buy) $42.9900 10/26/2021  M     28370.0000  3/1/2018 3/1/2027 Common Stock 28370.0000 $0.0000 28670.0000 I by Trust 

Explanation of Responses:
(1) The reported holding represents grants of restricted stock units, which were granted under the company's 2004 Stock Incentive Plan and vest 25% on each of the first, second, third and fourth anniversary of the grant date.
(2) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2021.
(3) This transaction was executed in multiple trades at prices ranging from $84.00 to $84.02. 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Clark Bernard J.
3000 SCHWAB WAY
WESTLAKE, TX 76262


EVP - Advisor Services

Signatures
Jamal Modir, Attorney-in-fact10/27/2021
**Signature of Reporting PersonDate

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