Stephen A. Ellis - Nov 10, 2022 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Director
Signature
/s/ Kristopher R. Tate, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
Nov 10, 2022
Transactions value $
$312,271
Form type
4
Date filed
11/14/2022, 03:26 PM
Previous filing
Oct 5, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $36.7K +2.69K +121.27% $13.67* 4.9K Nov 10, 2022 Direct F1
transaction SCHW Common Stock Options Exercise $276K +14.3K $19.21 4.9K Nov 10, 2022 Direct F1
holding SCHW Common Stock 58.7K Nov 10, 2022 by Trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -2.69K -100% $0.00* 0 Nov 10, 2022 Common Stock 2.69K $13.67 Direct F2
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -14.3K -100% $0.00* 0 Nov 10, 2022 Common Stock 14.3K $19.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the contribution of the shares received upon exercise of the option to a revocable living trust.
F2 The option was granted under the company's 2004 Stock Incentive Plan and vested 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.
F3 The option was granted under the company's 2013 Stock Incentive Plan and vested 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.