III Ben S. Stefanski - 01 Mar 2022 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Former Chief Mktg Off/Director
Signature
/s/ Timothy M. Mulhern, Pursuant to Power of Attorney
Issuer symbol
TFSL
Transactions as of
01 Mar 2022
Net transactions value
-$291,866
Form type
4
Filing time
03 Mar 2022, 12:54:19 UTC
Previous filing
31 Jan 2022
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 $278,290 +17,000 +27% $16.37 81,140 01 Mar 2022 Direct
transaction TFSL Common Stock Tax liability $281,605 -16,401 -20% $17.17 64,739 01 Mar 2022 Direct F1
transaction TFSL Common Stock Sale $10,261 -599 -0.93% $17.13 64,140 01 Mar 2022 Direct
holding TFSL Common Stock 1,417 01 Mar 2022 By ESOP F2
holding TFSL Common Stock 60,371 01 Mar 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 Employee Stock Option (right to buy) Options Exercise $278,290 -17,000 -100% $16.37 0 01 Mar 2022 Common Stock 0 $16.37 Direct F3
* 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 Represents shares of common stock delivered to the issuer in payment by the reporting person of the options exercise price and withholding tax. This transaction is exempt under Rule 16b-3(e).
F2 Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
F3 On July 23, 2018, the reporting person received a grant of 17,000 stock options. These options vest December 10, 2020