Kent G. Townsend - 31 Dec 2021 Form 4 Insider Report for Capitol Federal Financial, Inc. (CFFN)

Role: Executive Vice President
Signature: /s/ Kent G Townsend, under Power of Attorney
Issuer symbol: CFFN
Transactions as of: 31 Dec 2021
Net transactions value: +$12,406
Form type: 4
Filing time: 03 Jan 2022, 10:58:56 UTC
Next filing: 03 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CFFN	CFFN common stock	Options Exercise	$81,996	+6,421	+5.2%	$12.77	129,502	31 Dec 2021	Direct	F1
transaction	CFFN	CFFN common stock	Disposed to Issuer	$72,750	-6,421	-5%	$11.33	123,081	31 Dec 2021	Direct	F1
holding	CFFN	CFFN common stock						58,100	31 Dec 2021	ESOP	F2
holding	CFFN	CFFN common stock						39,987	31 Dec 2021	IRA	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CFFN	CFFN Phantom Stock 2018	Options Exercise	$81,996	-6,421	-100%	$12.77	0	31 Dec 2021	CFFN common stock	6,421	$12.77	Direct	F1, F3
transaction	CFFN	CFFN Phantom Stock 2021	Award	$85,156	+7,516		$11.33	7,516	31 Dec 2021	CFFN common stock	7,516	$11.33	Direct	F3
holding	CFFN	CFFN Phantom Stock 2019						4,079	31 Dec 2021	CFFN common stock	4,079	$13.73	Direct	F3
holding	CFFN	CFFN Phantom Stock 2020						2,654	31 Dec 2021	CFFN common stock	2,654	$12.50	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Transaction reflects the deemed conversion of phantom stock units previously acquired under the Issuer's Deferred Incentive Bonus Plan into the underlying shares of common stock and the deemed simultaneous disposition of such shares in connection with the cash settlement of such phantom stock units.
F2	During fiscal year 2018, Mr. Townsend diversified 50% of his ESOP shares, at the time, into an IRA
F3	The phantom stock units were acquired under the Issuers Deferred Incentive Bonus Plan and are settled in cash three years from the date of acquisition.