4//SEC Filing
Stefanik Paul W 4
Accession 0001127602-09-017976
CIK 0001381668other
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 4:56 PM ET
Size
8.5 KB
Accession
0001127602-09-017976
Insider Transaction Report
Form 4
Stefanik Paul W
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-08-11−10,000→ 40,000 total→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2009-08-11+10,000→ 20,000 total
Holdings
- 10,000
Common Stock
Footnotes (3)
- [F1]As reported on Form 4 dated 8/11/2008 and filed on August 13, 2008, the reporting person received a grant of 50,000 Restricted Stock Units ("RSUs") on August 11, 2008. The RSUs vest 20% on each of the first through the fifth anniversaries of the date of the grant. On each vesting date, for each Unit vesting on such date, the reporting person will receive one share of TFS Financial Corporation common stock, subject to tax withholding. On August 11, 2009, the first 20% of these RSUs vested, resulting in the issuance of 10,000 shares of TFS Financial Corporation common stock to the reporting person.
- [F2]10,000 shares were originally held in the trust of the reporting person's wife, for which she was the trustee. Reporting person's wife deceased in 2009 and reporting person became the trustee of the trust.
- [F3]The Restricted Stock Units vest 20% on each of the first through the fifth anniversaries of the date of the grant. 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.
Documents
Issuer
TFS Financial CORP
CIK 0001381668
Entity typeother
Related Parties
1- filerCIK 0001388148
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 4:56 PM ET
- Size
- 8.5 KB