PAULA A. SNEED - 06 Feb 2023 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Director
Signature
/s/ Kristopher R. Tate, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
06 Feb 2023
Net transactions value
-$713,495
Form type
4
Filing time
08 Feb 2023, 17:45:09 UTC
Previous filing
23 May 2022
Next filing
24 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Options Exercise $281,799 +7,165 +146% $39.33 12,064 06 Feb 2023 Direct
transaction SCHW Common Stock Options Exercise $304,845 +5,139 +43% $59.32 17,203 06 Feb 2023 Direct
transaction SCHW Common Stock Options Exercise $370,915 +8,584 +50% $43.21 25,787 06 Feb 2023 Direct
transaction SCHW Common Stock Gift $0 -20,888 -81% $0.000000 4,899 06 Feb 2023 Direct
transaction SCHW Common Stock Gift $0 +20,888 +18% $0.000000 137,611 06 Feb 2023 by Trust
transaction SCHW Common Stock Sale $1,671,055 -20,888 -15% $80.00 116,723 06 Feb 2023 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 -7,165 -100% $0.000000* 0 06 Feb 2023 Common Stock 7,165 $39.33 Direct F2
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -5,139 -100% $0.000000* 0 06 Feb 2023 Common Stock 5,139 $59.32 Direct F3
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -8,584 -100% $0.000000* 0 06 Feb 2023 Common Stock 8,584 $43.21 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $80.00 to $80.005. 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.
F2 The option was granted under the company's 2013 Stock Incentive Plan and vested (i) 25% on May 18, 2018, (ii) 25% on May 18, 2019, and (iii) 50% on May 18, 2020.
F3 The option was granted under the company's 2013 Stock Incentive Plan and vested (i) 25% on May 17, 2019, (ii) 25% on May 17, 2020, and (iii) 50% on May 17, 2021.
F4 The option was granted under the company's 2013 Stock Incentive Plan and vested (i) 25% on May 17, 2020, (ii) 25% on May 17, 2021, and (iii) 50% on May 17, 2022.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney