SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Brigeman Benjamin L

(Last)

(First)

(Middle)

C/O THE CHARLES SCHWAB CORPORATION

120 KEARNY STREET

(Street)

SAN FRANCISCO

94108

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/02/2007

3. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [ SCHW ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP - Schwab Investor Services

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	13,337	D
Common Stock	23,776	I	by Trust
Common Stock	1,532	I	by 401(k)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Non-Qualified Stock Option (right to buy)	02/25/2003	02/25/2009	Common Stock	11,250	$23.3125	D
Incentive Stock Option (right to buy)	02/25/2003	02/25/2009	Common Stock	11,250	$23.3125	D
Non-Qualified Stock Option (right to buy)	11/01/2003	11/01/2009	Common Stock	7,500	$25.9167	D
Non-Qualified Stock Option (right to buy)	02/23/2004	02/23/2010	Common Stock	3,188	$26.375	D
Incentive Stock Option (right to buy)	02/23/2004	02/23/2010	Common Stock	2,063	$26.375	D
Non-Qualified Stock Option (right to buy)	10/25/2004	10/25/2010	Common Stock	5,000	$31.0625	D
Non-Qualified Stock Option (right to buy)	12/15/2004	12/15/2010	Common Stock	33,000	$28.75	D
Non-Qualified Stock Option (right to buy)	02/28/2003	02/28/2011	Common Stock	5,000	$20.9	D
Incentive Stock Option (right to buy)	02/28/2005	02/28/2011	Common Stock	5,000	$20.9	D
Non-Qualified Stock Option (right to buy)	05/04/2001	05/04/2011	Common Stock	2,500	$20.68	D
Non-Qualified Stock Option (right to buy)	07/18/2004	07/18/2011	Common Stock	8,327	$15.02	D
Incentive Stock Option (right to buy)	07/18/2005	07/18/2011	Common Stock	3,173	$15.02	D
Non-Qualified Stock Option (right to buy)	07/18/2005	07/18/2011	Common Stock	55,000	$15.02	D
Non-Qualified Stock Option (right to buy)	09/24/2005	09/24/2011	Common Stock	13,300	$10.2	D
Non-Qualified Stock Option (right to buy)	02/27/2005	02/27/2012	Common Stock	13,993	$13.11	D
Incentive Stock Option (right to buy)	02/27/2006	02/27/2012	Common Stock	6,007	$13.11	D
Non-Qualified Stock Option (right to buy)	11/08/2006	11/08/2012	Common Stock	16,000	$9.71	D
Non-Qualified Stock Option (right to buy)	⁽¹⁾	09/30/2011	Common Stock	21,898	$9.19	D
Non-Qualified Stock Option (right to buy)	⁽²⁾	10/30/2013	Common Stock	20,271	$19.186	D

Explanation of Responses:

1. The options were granted on 09/30/2004 under the 2004 Stock Incentive Plan and vest 40% on the first anniversary of the grant date and 20% on the second, third and fourth anniversary of the grant date.

2. The options were granted on 10/30/2006 under the 2004 Stock Incentive Plan and vest in four equal installments beginning on the first anniversary of the grant date.

Remarks:

	Benjamin L. Brigeman	07/09/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.