TFS Financial CORP 4
4 · TFS Financial CORP · Filed May 26, 2016
Insider Transaction Report
Form 4
HEISLER ROBERT B JR
Director
Transactions
- Exercise/Conversion
Common Stock
2016-05-26+10,000→ 31,300 total - Exercise/Conversion
Restricted Stock Units
2016-05-26−10,000→ 0 total→ Common Stock (10,000 underlying)
Holdings
- 2,200
Restricted Stock Units
→ Common Stock (2,200 underlying)
Footnotes (3)
- [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]As reported on a Form 4 filed May 26, 2011, the reporting person received a grant of 50,000 Restricted Stock Units ("RSU's") on May 26, 2011. The RSU's vest in five equal annual installments beginning on May 26, 2012.
- [F3]As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 2,200 Restricted Stock Units ("RSUs") on December 17, 2015, which vest 100% on December 10, 2016.