Form 4 for TFSL TFS Financial CORP
Accepted 2021-12-14 00:00:00 ET · period of report 2021-10-13 · accession 0001381668-21-000135 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-12-14 | 2021-10-13+ | TFSL | Motta Anna Maria P | Former Chief Info. Off | J - Other | $0.00 | -25.9K | 0 | -100% | $0 |
| DI | 2021-12-14 | 2021-11-17 | TFSL | Motta Anna Maria P | Former Chief Info. Off | A - Grant | $0.00 | +25.9K | 25.9K | New | $0 |
| D | 2021-12-14 | 2021-12-10 | TFSL | Motta Anna Maria P | Former Chief Info. Off | A - Grant | $0.00 | +6,188 | 6,188 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-10-13 | J | D | 14,472 | $0.00 | 0 | I 401(k) | — | — | (F1) In connection with the retirement of the reporting person effective September 30, 2021, 401k and ASOP shares were transfered to a personal IRA (F2) Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended. |
| 2 | Common | Common Stock | 2021-11-17 | J | D | 11,407 | $0.00 | 0 | I ESOP | — | — | (F1) In connection with the retirement of the reporting person effective September 30, 2021, 401k and ASOP shares were transfered to a personal IRA (F2) Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended. |
| 3 | Common | Common Stock | 2021-11-17 | A | A | 25,877 | $0.00 | 25,877 | I IRA | — | — | (F1) In connection with the retirement of the reporting person effective September 30, 2021, 401k and ASOP shares were transfered to a personal IRA |
| 4 | Derivative | Performance Restricted Share Units | 2021-12-10 | A | A | 6,188 | $0.00 | 6,188 | D | — · — to — | 6,188 Common Stock | (F3) 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. (F6) On December 10, 2021, the reporting person achieved performance level of 112.5% on a target award of 5,500 Performance Share Units ("PSUs"), resulting in a total earned award of 6,188 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. |