Timothy W. Mulhern - Dec 10, 2021 Form 3 Insider Report for TFS Financial CORP (TFSL)

Role: Finance Manager - Future CFO
Signature: /s/ Paul J. Huml, Pursuant to Power of Attorney
Stock symbol: TFSL
Transactions as of: Dec 10, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/16/2021, 12:30 PM
Next filing: Dec 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TFSL	Common Stock						3.48K	Dec 10, 2021	Direct
holding	TFSL	Common Stock						10.6K	Dec 10, 2021	ESOP
holding	TFSL	Common Stock						6.73K	Dec 10, 2021	401k

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							Dec 10, 2021	Common Stock	11K		Direct	F1, F2
holding	TFSL	Employee Stock Option (right to buy)							Dec 10, 2021	Common Stock	5K	$14.74	Direct	F3

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

Explanation of Responses:

Id	Content
F1	On December 17, 2020, the reporting person received a grant of 11,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.
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 January 5, 2018, the reporting person received a grant of 5,000 stock options. These options fully vested on December 10, 2020.