Gavin B. Stefanski - 28 Mar 2022 Form 3 Insider Report for TFS Financial CORP (TFSL)

Role: Chief Lending Officer
Signature: /s/ Timothy W. Mulhern, Pursuant to Power of Attorney
Issuer symbol: TFSL
Transactions as of: 28 Mar 2022
Net transactions value: $0
Form type: 3
Filing time: 06 Apr 2022, 14:48:28 UTC
Next filing: 22 Jul 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						27,755	28 Mar 2022	Direct
holding	TFSL	Common Stock						1,857	28 Mar 2022	ESOP	F1

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	Employee Stock Option (right to buy)							28 Mar 2022	Common Stock	5,000	$14.62	Direct	F2
holding	TFSL	Restricted Stock Units							28 Mar 2022	Common Stock	10,000		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
F2	On April 2, 2018, the reporting person received a grant of 5,000 stock options. These options fully vest on December 10, 2020.
F3	On December 17, 2020, the reporting person received a grant of 10,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.
F4	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.