Timothy W. Mulhern - 14 Sep 2022 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Chief Financial Officer
Signature
/s/ Timothy W. Mulhern
Issuer symbol
TFSL
Transactions as of
14 Sep 2022
Net transactions value
-$47,808
Form type
4
Filing time
15 Sep 2022, 17:23:34 UTC
Previous filing
20 Dec 2021
Next filing
13 Dec 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 Sale $47,808 -3,482 -100% $13.73 0 14 Sep 2022 Direct
holding TFSL Common Stock 11,469 14 Sep 2022 ESOP F1
holding TFSL Common Stock 6,981 14 Sep 2022 401k 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 Restricted Stock Units 3,800 14 Sep 2022 Common Stock 3,800 Direct F2, F3
holding TFSL Restricted Stock Units 11,000 14 Sep 2022 Common Stock 11,000 Direct F2, F4
holding TFSL Employee Stock Option (right to buy) 5,000 14 Sep 2022 Common Stock 5,000 $14.74 Direct F5
* 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 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.
F3 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.
F4 On December 17, 2020, the reporting person received a grant of 11,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.
F5 On January 5, 2018, the reporting person received a grant of 5,000 stock options. These options fully vest on December 10, 2020.