Form 8-K



Washington, D.C. 20549



Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 16, 2013

The Charles Schwab Corporation

(Exact name of registrant as specified in its charter)

Commission File Number: 1-9700


Delaware   94-3025021

(State or other jurisdiction

of incorporation)


(I.R.S. Employer

Identification No.)

211 Main Street, San Francisco, CA 94105

(Address of principal executive offices, including zip code)

(415) 667-7000

(Registrant’s telephone number, including area code)


(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 24, 2013, the Board of Directors of The Charles Schwab Corporation (“CSC”) approved the 2013 Stock Incentive Plan, subject to stockholder approval. At the Annual Meeting of Stockholders of CSC held on May 16, 2013, stockholders approved the 2013 Stock Incentive Plan (the “Plan”). A complete copy of the Plan is attached as Exhibit 10.360 and is incorporated herein by reference.


Item 5.07 Submission of Matters to a Vote of Security Holders


  (a) The Annual Meeting of Stockholders of CSC was held on May 16, 2013.


  (b) All nominees for election as a director were elected, and each nominee received more “for” votes than “against” votes cast for his or her election. The proposals for ratification of CSC’s independent auditors, for the advisory vote on executive compensation, and for the approval of the 2013 Stock Incentive Plan were approved. The stockholder proposal regarding political contributions and the stockholder proposal regarding proxy access were not approved. The final voting results were as follows:





     Broker Non-Vote

1    Election of Directors                                    

(a) Stephen A. Ellis

     1,088,416,574         5,016,601         1,845,361         100,937,977   

(b) Arun Sarin

     1,055,933,514         37,527,056         1,817,966         100,937,977   

(c) Charles R. Schwab

     1,064,631,028         29,215,492         1,432,016         100,937,977   

(d) Paula A. Sneed

     1,051,266,527         42,296,933         1,715,076         100,937,977   
2    Ratification of Independent Auditors      1,179,566,391         14,797,820         1,852,302           
3    Advisory Approval of Named Executive Officer Compensation      1,002,567,759         85,870,204         6,838,821         100,939,729   
4    Approval of 2013 Stock Incentive Plan      1,036,890,899         55,588,419         2,797,466         100,939,729   
5    Stockholder Proposal on Political Contributions      231,559,810         682,295,626         181,422,600         100,938,477   
6    Stockholder Proposal Regarding Proxy Access      345,329,615         744,701,456         5,246,965         100,938,477   


Item 9.01 Financial Statements and Exhibits


(d)    Exhibits
10.360    The Charles Schwab Corporation 2013 Stock Incentive Plan, effective as of May 16, 2013.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: May 21, 2013       By:  

/s/ Joseph R. Martinetto


                Joseph R. Martinetto
                Executive Vice President and Chief Financial Officer

Exhibit Index


Exhibit No.        





10.360    The Charles Schwab Corporation 2013 Stock Incentive Plan, effective as of May 16, 2013.