InsiderTrades

Form 4 for TFSL TFS Financial CORP

Accepted 2021-12-14 00:00:00 ET · period of report 2021-12-10 · accession 0001381668-21-000133 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
DM 2021-12-14 2021-12-10 TFSL Huml Paul J CFO M - OptEx $0.00 +19.3K 78.9K +32% $0
D 2021-12-14 2021-12-10 TFSL Huml Paul J CFO F - Tax $18.10 -8,115 70.7K -10% -$146.9K
D 2021-12-14 2021-12-10 TFSL Huml Paul J CFO A - Grant $0.00 +10.8K 10.8K New $0
DM 2021-12-14 2021-12-10 TFSL Huml Paul J CFO M - OptEx $0.00 -19.3K 0 -100% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2021-12-10 M A 2,462 $0.00 74,522 D — — (F2) These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs).
2 Common Common Stock 2021-12-10 M A 12,516 $0.00 72,060 D — — (F1) These common shares were acquired upon the vesting and settlement of certain Performance Share Units (PSUs).
3 Common Common Stock 2021-12-10 F D 8,115 $18.10 70,746 D — — (F3) These common shares were delivered to the issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock units. (F4) Shares are held with shared voting power with spouse.
4 Common Common Stock 2021-12-10 M A 1,994 $0.00 76,516 D — — (F2) These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs).
5 Common Common Stock 2021-12-10 M A 2,345 $0.00 78,861 D — — (F2) These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs).
6 Derivative Performance Restricted Share Units 2021-12-10 A A 10,800 $0.00 10,800 D — · — to — 10,800 Common Stock (F6) 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. (F8) On December 10, 2021, the reporting person achieved performance level of 112.5% on a target award of 9,600 Performance Share Units ("PSUs"), resulting in a total earned award of 10,800 shares. This represents the final determination a December 19, 2019 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2021. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2022.
7 Derivative Restricted Stock Units 2021-12-10 M D 2,462 $0.00 0 D — · — to — 2,462 Common Stock (F6) 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. (F9) As reported on a Form 4 dated December 20, 2018, the reporting person received a grant of 7,900 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2019.
8 Derivative Restricted Stock Units 2021-12-10 M D 1,994 $0.00 1,995 D — · — to — 1,994 Common Stock (F6) 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. (F10) As reported on a Form 4 dated December 19, 2019, the reporting person received a grant of 6,400 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2020.
9 Derivative Restricted Stock Units 2021-12-10 M D 2,345 $0.00 4,934 D — · — to — 2,345 Common Stock (F6) 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. (F11) On December 17, 2020, the reporting person received a grant of 7,400 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2021.
10 Derivative Performance Restricted Share Units 2021-12-10 M D 12,516 $0.00 0 D — · — to — 12,516 Common Stock (F6) 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. (F7) On November 24, 2020, the reporting person achieved performance level of 112.5% on a target award of 11,900 Performance Share Units ("PSUs"), resulting in a total earned award of 13,388 shares. This represents the final determination of a December 20, 2018 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2020. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2021. 872 shares were previously withheld for taxes.