HERRINGER FRANK C 4
4 · SCHWAB CHARLES CORP · Filed Feb 5, 2024
Insider Transaction Report
Form 4
HERRINGER FRANK C
Director
Transactions
- Exercise/Conversion
Common Stock
2024-02-01$25.01/sh+10,511$262,880→ 7,395 total - Sale
Common Stock
2024-02-01$62.25/sh−7,587$472,277→ 167,206 total(indirect: By Trust) - Exercise/Conversion
Nonqualified Stock Option (right to buy)
2024-02-01−10,511→ 0 totalExercise: $25.01From: 2015-05-19Exp: 2024-05-19→ Common Stock (10,511 underlying)
Holdings
- 50,625(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Reflects the contribution of 10,511 shares received upon exercise of the option to a trust.
- [F2]The transaction was executed in multiple trades at prices ranging from $62.19 to $62.295. 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.
- [F3]The option was granted under the company's 2013 Stock Incentive Plan and vested (i) 25% on May 19, 2015, (ii) 25% on May 19, 2016, and (iii) 50% on May 19, 2017.