John Ringenbach - 10 Dec 2022 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Director
Signature
/s/ Timothy W. Mulhern, Pursuant to Power of Attorney
Issuer symbol
TFSL
Transactions as of
10 Dec 2022
Net transactions value
$0
Form type
4
Filing time
13 Dec 2022, 15:04:20 UTC
Previous filing
20 Dec 2021
Next filing
19 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Options Exercise $0 +2,900 +16% $0.000000 20,500 10 Dec 2022 Direct F1
holding TFSL Common Stock 21,140 10 Dec 2022 Trustee

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 Options Exercise $0 -2,900 -100% $0.000000* 0 10 Dec 2022 Common Stock 2,900 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs).
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 2,900 Restricted Stock Units (RSUs), which fully vest on December 10, 2022.