Timothy W. Mulhern - 16 Dec 2021 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Finance Manager - Future CFO
Signature
/s/ Paul J. Huml, Pursuant to Power of Attorney
Issuer symbol
TFSL
Transactions as of
16 Dec 2021
Net transactions value
$0
Form type
4
Filing time
20 Dec 2021, 12:42:23 UTC
Previous filing
16 Dec 2021
Next filing
15 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TFSL Common Stock 3,482 16 Dec 2021 Direct
holding TFSL Common Stock 10,602 16 Dec 2021 ESOP
holding TFSL Common Stock 6,732 16 Dec 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
transaction TFSL Restricted Stock Units Award $0 +3,800 $0.000000 3,800 16 Dec 2021 Common Stock 3,800 Direct F1, F2
holding TFSL Restricted Stock Units 11,000 16 Dec 2021 Common Stock 11,000 Direct F1, F3
holding TFSL Employee Stock Option (right to buy) 5,000 16 Dec 2021 Common Stock 5,000 $14.74 Direct F4
* 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 16, 2021, the reporting person received a grant of 3,800 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2022.
F3 On December 17, 2020, the reporting person received a grant of 11,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.
F4 On January 5, 2018, the reporting person received a grant of 5,000 stock options. These options fully vest on December 10, 2020.