Ashley H. Williams - Dec 14, 2021 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Director
Signature
/s/ Paul J. Huml, Pursuant to Power of Attorney
Stock symbol
TFSL
Transactions as of
Dec 14, 2021
Transactions value $
-$50,624
Form type
4
Date filed
12/16/2021, 02:06 PM
Previous filing
Dec 13, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Sale -$50.6K -2.8K -12.07% $18.08 20.4K Dec 14, 2021 Direct
holding TFSL Common Stock 16.2K Dec 14, 2021 Trust Beneficiary
holding TFSL Common Stock 30K Dec 14, 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
holding TFSL Restricted Stock Units 20K Dec 14, 2021 Common Stock 20K 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 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