Richard Wright - Jan 11, 2023 Form 4 Insider Report for WSFS FINANCIAL CORP (WSFS)

Role
EVP
Signature
/s/ Richard Wright by Charles Mosher, as Power of Attorney
Stock symbol
WSFS
Transactions as of
Jan 11, 2023
Transactions value $
-$314,849
Form type
4
Date filed
1/13/2023, 03:50 PM
Previous filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSFS Common Stock Tax liability -$315K -6.85K -17.33% $45.95 32.7K Jan 11, 2023 Direct F1
holding WSFS Common Stock 7.13K Jan 11, 2023 401k

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 WSFS Stock Options (Right to buy) 8.87K Jan 11, 2023 Common Stock 8.87K $51.84 Direct F2
holding WSFS Stock Options (Right to buy) 6.5K Jan 11, 2023 Common Stock 6.5K $48.40 Direct F2
holding WSFS Stock Options (Right to buy) 5.31K Jan 11, 2023 Common Stock 5.31K $47.05 Direct F2
holding WSFS Stock Options (Right to buy) 9.92K Jan 11, 2023 Common Stock 9.92K $43.28 Direct F2
holding WSFS Stock Options (Right to buy) 12.9K Jan 11, 2023 Common Stock 12.9K $36.11 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard Wright is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes due on vested restricted stock units
F2 Mr. Wright retired effective January 6, 2023. All outstanding unvested awards were deemed vested effective January 6, 2023. All outstanding stock awards expire on January 6, 2024 (12 months after retirement)

Remarks:

Mr. Wright retired from WSFS Financial Corporation effective January 6, 2023.