Patrick Joseph Ward - 14 Dec 2022 Form 4 Insider Report for WSFS FINANCIAL CORP (WSFS)

Role
Executive Vice President
Signature
/s/ Patrick Joseph Ward by Charles Mosher, Power of Attorney
Issuer symbol
WSFS
Transactions as of
14 Dec 2022
Net transactions value
-$2,773
Form type
4
Filing time
16 Dec 2022, 10:56:22 UTC
Previous filing
13 Dec 2022
Next filing
27 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSFS Common Stock Options Exercise $57,752 +3,787 +2.7% $15.25 142,186 14 Dec 2022 Direct
transaction WSFS Common Stock Sale $60,525 -1,305 -0.92% $46.38 140,881 14 Dec 2022 Direct F1
holding WSFS Common Stock 1,531 14 Dec 2022 IRA

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 WSFS Stock Options (Right to buy) Options Exercise $0 -1,305 -100% $0.000000* 0 14 Dec 2022 Common Stock 3,787 $15.25 Direct
holding WSFS Employee Stock Option (right to buy) 4,424 14 Dec 2022 Common Stock 4,424 $20.77 Direct
holding WSFS Stock Options (Right to buy) 8,068 14 Dec 2022 Common Stock 8,068 $51.84 Direct
holding WSFS Stock Options (Right to buy) 5,876 14 Dec 2022 Common Stock 5,876 $48.40 Direct
holding WSFS Stock Options (Right to buy) 1,846 14 Dec 2022 Common Stock 1,846 $47.05 Direct
holding WSFS Stock Options (Right to buy) 8,966 14 Dec 2022 Common Stock 8,966 $43.28 Direct
holding WSFS Stock Options (Right to buy) 11,617 14 Dec 2022 Common Stock 11,617 $36.11 Direct
holding WSFS Stock Options (Right to buy) 59,455 14 Dec 2022 Common Stock 59,455 $10.41 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. The reporting person received 2,482 shares of common stock on net exercise of option to purchase 3,787 shares of common stock. The Company withheld 1,305 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on December 14, 2022 of $46.3795, pursuant to terms of the 2018 Equity Incentive Plan.