SCHWAB CHARLES CORP 4
4 · SCHWAB CHARLES CORP · Filed May 23, 2005
Insider Transaction Report
Form 4
Scaturro Peter K
EVP and CEO - U.S. Trust
Transactions
- Award
Common Stock
2005-05-19+172,861→ 172,861 total - Award
Non-Qualified Stock Option (Right to Buy)
2005-05-19+500,000→ 500,000 totalExercise: $11.58From: 2008-05-19Exp: 2012-05-19→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1]The shares were granted under the Company's 2004 Stock Incentive Plan and will fully vest on the fifth anniversary of the grant date. However, if certain performance goals are met or exceeded, the shares will fully vest on March 15, 2008.
- [F2]The options were granted under the 2004 Stock Incentive Plan and vest 50% on each of the third and fourth anniversary of the grant date.