Ben Stefanski III - May 14, 2021 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Secretary-Chief of Marketing, Director
Signature
/s/ Paul J. Huml, Pursuant to Power of Attorney
Stock symbol
TFSL
Transactions as of
May 14, 2021
Transactions value $
-$75,981
Form type
4
Date filed
12/7/2021, 02:40 PM
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Other -$76K -3.45K -5.4% $22.03 60.4K May 14, 2021 Trustee for uncle's trust F1
holding TFSL Common Stock 951 May 14, 2021 By ESOP
holding TFSL Common Stock 64.1K May 14, 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 15K May 14, 2021 Common Stock 15K Direct F2, F3
holding TFSL Employee Stock Option (right to buy) 17K May 14, 2021 Common Stock 17K $16.37 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Trust was reduced by 3,449 shares on May 14, 2021
F2 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.
F3 On December 17, 2020, the reporting person received a grant of 15,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.
F4 On July 23, 2018, the reporting person received a grant of 17,000 stock options. These options vest December 10, 2020