Form 4 for TFSL TFS Financial CORP
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-08 · accession 0001381668-23-000139 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-12 | 2023-12-08 | TFSL | Rubino Andrew J | CIO | F - Tax | $13.45 | -8,254 | 24.0K | -26% | -$111.0K |
| DM | 2023-12-12 | 2023-12-08 | TFSL | Rubino Andrew J | CIO | M - OptEx | $13.45 | +18.4K | 30.1K | +157% | +$247.5K |
| DM | 2023-12-12 | 2023-12-08 | TFSL | Rubino Andrew J | CIO | M - OptEx | $0.00 | -18.4K | 1,267 | -94% | $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 | 2023-12-08 | F | D | 8,254 | $13.45 | 24,020 | D | — | — | (F2) These common shares were delivered to the issuer to pay for applicable withholding tax due upon the exercise of certain restricted stock units. |
| 2 | Common | Common Stock | 2023-12-08 | M | A | 2,133 | $13.45 | 32,274 | D | — | — | (F1) These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs). |
| 3 | Common | Common Stock | 2023-12-08 | M | A | 15,000 | $13.45 | 28,874 | D | — | — | (F1) These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs). |
| 4 | Common | Common Stock | 2023-12-08 | M | A | 1,267 | $13.45 | 30,141 | D | — | — | (F1) These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs). |
| 5 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 2,133 | $0.00 | 4,267 | D | — · — to — | 2,133 Common Stock | (F4) 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 December 15, 2022, the reporting person received a grant of 6,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2023. |
| 6 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 15,000 | $0.00 | 0 | D | — · — to — | 15,000 Common Stock | (F4) 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. (F5) On December 17, 2020, the reporting person received a grant of 15,000 Restricted Stock Units ("RSUs"). These RSUs vest 100% December 10, 2023. |
| 7 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 1,267 | $0.00 | 1,267 | D | — · — to — | 1,267 Common Stock | (F4) 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 16, 2021, the reporting person received a grant of 3,800 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2022. |