Bernard J. Clark - 11 Oct 2021 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
EVP - Advisor Services
Signature
Jamal Modir, Attorney-in-fact
Issuer symbol
SCHW
Transactions as of
11 Oct 2021
Net transactions value
-$1,551,894
Form type
4
Filing time
12 Oct 2021, 11:43:50 UTC
Next filing
07 Apr 2022
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 $791,093 +29,977 +41% $26.39 102,246 11 Oct 2021 by Trust
transaction SCHW Common Stock Sale $2,342,987 -29,977 -29% $78.16 72,269 11 Oct 2021 by Trust F1, F2
holding SCHW Common Stock 3,600 11 Oct 2021 by 401(k)
holding SCHW Common Stock 645 11 Oct 2021 by ESOP

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 -29,977 -100% $0.000000* 0 11 Oct 2021 Common Stock 29,977 $26.39 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was executed in multiple trades at prices ranging from $78.00 to $78.625. 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.