Paula A. Sneed - Feb 6, 2023 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
Feb 6, 2023
Transactions value $
-$713,495
Form type
4
Date filed
2/8/2023, 05:45 PM
Previous filing
May 23, 2022
Next filing
May 24, 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 $282K +7.17K +146.25% $39.33 12.1K Feb 6, 2023 Direct
transaction SCHW Common Stock Options Exercise $305K +5.14K +42.6% $59.32 17.2K Feb 6, 2023 Direct
transaction SCHW Common Stock Options Exercise $371K +8.58K +49.9% $43.21 25.8K Feb 6, 2023 Direct
transaction SCHW Common Stock Gift $0 -20.9K -81% $0.00 4.9K Feb 6, 2023 Direct
transaction SCHW Common Stock Gift $0 +20.9K +17.9% $0.00 138K Feb 6, 2023 by Trust
transaction SCHW Common Stock Sale -$1.67M -20.9K -15.18% $80.00 117K Feb 6, 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 -7.17K -100% $0.00* 0 Feb 6, 2023 Common Stock 7.17K $39.33 Direct F2
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -5.14K -100% $0.00* 0 Feb 6, 2023 Common Stock 5.14K $59.32 Direct F3
transaction SCHW Nonqualified Stock Option (right to buy) Options Exercise $0 -8.58K -100% $0.00* 0 Feb 6, 2023 Common Stock 8.58K $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