Ashley H. Williams - 10 Dec 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
10 Dec 2021
Net transactions value
$0
Form type
4
Filing time
13 Dec 2021, 14:53:23 UTC
Next filing
16 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Options Exercise $0 +3,200 +32% $0.000000 13,200 10 Dec 2021 Direct F1
transaction TFSL Common Stock Options Exercise $0 +10,000 +76% $0.000000 23,200 10 Dec 2021 Direct F1
holding TFSL Common Stock 16,200 10 Dec 2021 Trust Beneficiary
holding TFSL Common Stock 30,000 10 Dec 2021 Trustee for daughter's trust

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 TFSL Restricted Stock Units Options Exercise $0 -3,200 -100% $0.000000* 0 10 Dec 2021 Common Stock 3,200 Direct F2, F3
transaction TFSL Restricted Stock Units Options Exercise $0 -10,000 -33% $0.000000 20,000 10 Dec 2021 Common Stock 10,000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common shares were acquired upon the vesting and settlement of certain restricted stock units.
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 3,200 Restricted Stock Units ("RSUs") which fully vest on December 10, 2021.
F4 On December 20, 2018, the reporting person received a grant of 50,000 Restricted Stock Units ("RSUs"). These RSUs shall vest one-fifth (20%) per year beginning on December 10, 2019