Frank C. Herringer - May 19, 2022 Form 4 Insider Report for SCHWAB CHARLES CORP (SCHW)

Role
Director
Signature
Jamal Modir, Attorney-in-fact
Stock symbol
SCHW
Transactions as of
May 19, 2022
Transactions value $
$0
Form type
4
Date filed
5/23/2022, 05:04 PM
Previous filing
Apr 4, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHW Common Stock Award $0 +2.05K +72.2% $0.00 4.9K May 19, 2022 Direct F1
holding SCHW Common Stock 50.6K May 19, 2022 By Spouse
holding SCHW Common Stock 152K May 19, 2022 by Trust

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) Award $0 +4.7K $0.00 4.7K May 19, 2022 Common Stock 4.7K $62.66 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction constitutes a grant of restricted stock units, which were granted under the company's 2022 Stock Incentive Plan and vest 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.
F2 The option was granted under the company's 2022 Stock Incentive Plan and vests 25% on the first and second anniversary of the grant date and 50% on the third anniversary of the grant date.