William C. Mulligan - 15 Jun 2021 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Director
Signature
/s/ Paul J. Huml, Pursuant to Power of Attorney
Issuer symbol
TFSL
Transactions as of
15 Jun 2021
Net transactions value
-$42,120
Form type
4
Filing time
17 Jun 2021, 13:30:38 UTC
Next filing
02 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Sale $42,120 -2,000 -3.9% $21.06 48,700 15 Jun 2021 Direct

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
holding TFSL Restricted Stock Units 3,200 15 Jun 2021 Common Stock 3,200 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock. Restricted stock units are entitled to dividend equivalent rights in the form of a cash payment in the amount of any cash dividend paid per share of common stock.
F2 On December 17, 2020, the reporting person received a grant of 3,200 Restricted Stock Units ("RSUs") which fully vest on December 10, 2021.