III Ben S. Stefanski - 27 Jan 2022 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Former Chief Mktg Off/Director, Director
Signature
/s/ Timothy M. Mulhern, Pursuant to Power of Attorney
Issuer symbol
TFSL
Transactions as of
27 Jan 2022
Net transactions value
$0
Form type
4
Filing time
31 Jan 2022, 13:48:06 UTC
Previous filing
07 Dec 2021
Next filing
03 Mar 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 64,140 27 Jan 2022 Direct
holding TFSL Common Stock 966 27 Jan 2022 By ESOP
holding TFSL Common Stock 60,371 27 Jan 2022 Trustee for uncle'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 Other $0 -15,000 -100% $0.000000* 0 27 Jan 2022 Common Stock 15,000 Direct F2, F3, F4
holding TFSL Employee Stock Option (right to buy) 17,000 27 Jan 2022 Common Stock 17,000 $16.37 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

III Ben S. Stefanski is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On July 23, 2018, the reporting person received a grant of 17,000 stock options. These options vest December 10, 2020
F2 In connection with the separation of service (Third Federal employment) of the reporting person effective January 27, 2022, a total of 15,000 restricted stock units were forfeited. In addition, all remaining stock options have an expiration date of April 27, 2022.
F3 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.
F4 On December 17, 2020, the reporting person received a grant of 15,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.