X0201 42004-01-20 0000316709 SCHWAB CHARLES CORP SCH 0000923738 SCHWAB CHARLES R C/O THE CHARLES SCHWAB CORPORATION 120 KEARNY STREET SAN FRANCISCO CA 94108 1110ChairmanNon-Qualified Stock Options (right to buy) 13.762004-01-204A03000000A2004-07-202014-01-20Common Stock300000300000DThe options were granted pursuant to the Company's 2001 Stock Incentive Plan and will fully vest on July 20, 2004. However, the exercise of the options is restricted to the earlier of three years from the grant date or the date the reporting person retires. The sale of shares under this option grant must be three years or later from the grant date. Jane E. Fry, Attorney-in-fact2004-01-22