TFS Financial CORP 4
4 · TFS Financial CORP · Filed Jul 18, 2016
Insider Transaction Report
Form 4
Stefanik Paul W
Director
Transactions
- Exercise/Conversion
Common Stock
2016-07-12+2,200→ 78,500 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2016-07-12−2,200→ 0 total→ Common Stock (2,200 underlying)
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 reporting person retired effective July 11, 2016 as director of the company. Upon retirement, those restricted stock units automatically vested 100%.