Patrick Joseph Ward - Dec 14, 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
Stock symbol
WSFS
Transactions as of
Dec 14, 2022
Transactions value $
-$2,773
Form type
4
Date filed
12/16/2022, 10:56 AM
Previous filing
Dec 13, 2022
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSFS Common Stock Options Exercise $57.8K +3.79K +2.74% $15.25 142K Dec 14, 2022 Direct
transaction WSFS Common Stock Sale -$60.5K -1.31K -0.92% $46.38 141K Dec 14, 2022 Direct F1
holding WSFS Common Stock 1.53K Dec 14, 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 -1.31K -100% $0.00* 0 Dec 14, 2022 Common Stock 3.79K $15.25 Direct
holding WSFS Employee Stock Option (right to buy) 4.42K Dec 14, 2022 Common Stock 4.42K $20.77 Direct
holding WSFS Stock Options (Right to buy) 8.07K Dec 14, 2022 Common Stock 8.07K $51.84 Direct
holding WSFS Stock Options (Right to buy) 5.88K Dec 14, 2022 Common Stock 5.88K $48.40 Direct
holding WSFS Stock Options (Right to buy) 1.85K Dec 14, 2022 Common Stock 1.85K $47.05 Direct
holding WSFS Stock Options (Right to buy) 8.97K Dec 14, 2022 Common Stock 8.97K $43.28 Direct
holding WSFS Stock Options (Right to buy) 11.6K Dec 14, 2022 Common Stock 11.6K $36.11 Direct
holding WSFS Stock Options (Right to buy) 59.5K Dec 14, 2022 Common Stock 59.5K $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.