-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JpNWnMr+g6w9LYQ5q54bDiiEpGIbiSfNVflEONe4kGDbOpMRqlJtenHJPb3t7Pm7 MdPhSMSNKDYlLvkfeNlkrQ== 0000912057-97-004550.txt : 19970222 0000912057-97-004550.hdr.sgml : 19970222 ACCESSION NUMBER: 0000912057-97-004550 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970212 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SCHWAB CHARLES CORP CENTRAL INDEX KEY: 0000316709 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 943025021 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38764 FILM NUMBER: 97526665 BUSINESS ADDRESS: STREET 1: 101 MONTGOMERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4156277000 MAIL ADDRESS: STREET 1: 101 MONTGOMERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCHWAB CHARLES CORP CENTRAL INDEX KEY: 0000316709 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 943025021 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 101 MONTGOMERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4156277000 MAIL ADDRESS: STREET 1: 101 MONTGOMERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 SC 13G/A 1 SC 13G/A ----------------------------- OMB APPROVAL ----------------------------- OMB Number: 3235-0145 Expires: October 31, 1994 Estimated average burden hours per response.. . 14.90 ----------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 7 )* ------------- THE CHARLES SCHWAB CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK ($0.01 par value) - -------------------------------------------------------------------------------- (Title of Class of Securities) 808513 10 5 ----------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with this statement / /. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SEC 1745 (2/92) Page 1 of 5 - ---------------------------- --------------------- CUSIP NO. 808513 10 5 13G PAGE 2 OF 5 PAGES ------------------ --- --- - ---------------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Charles Schwab Profit Sharing and Employee Stock Ownership Plan - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California, USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ---------------------------------------------------------------- SHARES 6 SHARED VOTING POWER 0 BENEFICIALLY ---------------------------------------------------------------- OWNED BY 7 SOLE DISPOSITIVE POWER 0 EACH ---------------------------------------------------------------- REPORTING 8 SHARED DISPOSITIVE POWER As of December 31, 1996, 16,506,267 shares of Common Stock, each of which carries PERSON one vote per share. Under the terms of the Plan, Plan participants are entitled to direct the disposition of WITH shares allocated to their accounts. In accordance with the terms of the Plan, the Purchasing Agent directs the disposition of the unallocated shares in the same proportion as the participants' instructions with respect to the allocated shares, subject to the obligation to determine that directing the disposition of the shares in such manner is consistent with the fiduciary responsibilities under ERISA. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,506,267 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* Not applicable - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* EP - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------- PAGE 3 OF 5 PAGES --- --- ---------------------- SCHEDULE 13G Item 1(a) - Name of Issuer: The Charles Schwab Corporation Item 1(b) - Address of Issuer's Principal Executive Offices: 101 Montgomery Street, San Francisco, CA 94104 Item 2(a) - Name of Person Filing: Charles Schwab Profit Sharing and Employee Stock Ownership Plan Item 2(b) - Address of Principal Business Office: 101 Montgomery Street, San Francisco, CA 94014 Item 2(c) - Citizenship: The Trust is organized under the laws of the United States; its offices are located in the State of California Item 2(d) - Title of Class of Securities: The Charles Schwab Corporation Common Stock Item 2(e) - CUSIP Number: 808513 10 5 Item 3 - If this statement is filed pursuant to Rules 13d-1(b), of 13d-2(b), check whether the person filing is a: (f) x Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 Item 4 - Ownership: (a) Amount of Beneficially Owned: As of December 31, 1995, 16,506,267 shares of the Common Stock, which carries one vote per share (b) Percent of Class: 9.4% (Rounded to nearest tenth) (c) Number of shares as to which such person has: (i) Sole Power to Vote or to Direct the Vote: 0 ---------------------- PAGE 4 OF 5 PAGES --- --- ---------------------- (ii) Shared Voting Power: 0 (iii) Sole Power to Dispose or to Direct the Disposition of: 0 (iv) As of December 31, 1996, 16,506,267 shares of Common Stock, each of which carries one vote per share. Under the terms of the Plan, Plan participants are entitled to direct the disposition of shares allocated to their accounts. In accordance with the terms of the Plan, the Purchasing Agent directs the disposition of the unallocated shares in the same proportion as the participants' instructions with respect to the allocated shares, subject to the obligation to determine that directing the disposition of the shares in such manner is consistent with the fiduciary responsibilities under ERISA. Item 5 - Ownership of Five Percent or Less of a Class: Not Applicable Item 6 - Ownership of More than Five Percent on Behalf of Another Person: Not Applicable Item 7 - Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Not Applicable Item 8 - Identification and Classification of Members of the Group: Not Applicable Item 9 - Notice of Dissolution of Group: Not Applicable Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. ---------------------- PAGE 5 OF 5 PAGES --- --- ---------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. The filing of this statement shall not be construed as an admission that such person named in Item 2(a) is, for the purposes of Section 13(d), or 13(g) of the Securities Exchange Act or any other section of such Act, the beneficial owner of any securities covered by the statement. Charles Schwab Profit Sharing and Employee Stock Ownership Plan 2-6-97 /s/ Luis E. Valencia - ---------------------- ------------------------------ Date Luis E. Valencia, Chairman Administrative Committee 2-11-97 /s/ Evelyn S. Dilsaver - -------------------- ------------------------------ Date Evelyn S. Dilsaver Administrative Committee 2-11-97 /s/ Wayne W. Fieldsa - -------------------- ------------------------------ Date Wayne W. Fieldsa Administrative Committee 2-5-97 /s/ Thomas N. Lawrie - -------------------- ------------------------------ Date Thomas N. Lawrie, Administrative Committee 2-7-97 /s/ Susanne D. Lyons - -------------------- ------------------------------ Date Susanne D. Lyons, Administrative Committee 2-6-97 /s/ Thomas W. Matchett, Jr. - -------------------- ------------------------------ Date Thomas W. Matchett, Jr., Administrative Committee -----END PRIVACY-ENHANCED MESSAGE-----