Baird Thomas J 4
4 · TFS Financial CORP · Filed Jan 31, 2011
Insider Transaction Report
Form 4
Baird Thomas J
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-01-27−10,000→ 20,000 total→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2011-01-27+10,000→ 47,250 total
Holdings
- 500(indirect: By Children)
Common Stock
- 500(indirect: By Children)
Common Stock
- 500(indirect: By Children)
Common Stock
- 13,950(indirect: By IRA)
Common Stock
- 500(indirect: By Children)
Common Stock
Footnotes (2)
- [F1]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.
- [F2]The restricted stock units originally vested 20% on each of the first through the fifth anniversaries of the date of the grant, commencing on August 11, 2009. On January 27, 2011 the Board of Directors accelerated the vesting of the reporting person's outstanding restricted stock units, that would have vested on August 11, 2011.