Huffman David S 4

Accession 0001381668-19-000024

CIK 0001381668other

View on SEC.gov Company Profile

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 11:40 AM ET

Size

46.3 KB

Accession

0001381668-19-000024

Insider Transaction Report

Form 4

Period: 2018-09-30

TFS Financial CORPTFSL

Huffman David S

Chief Financial Officer

Transactions

Exercise/Conversion
Restricted Stock Units
2019-03-31−4,200→ 0 total
→ Common Stock (4,200 underlying)
Exercise/Conversion
Restricted Stock Units
2019-03-31−33,605→ 0 total
→ Common Stock (33,605 underlying)
Exercise/Conversion
Common Stock
2019-03-31+3,267→ 26,007 total
Exercise/Conversion
Common Stock
2019-03-31+4,200→ 35,157 total
Exercise/Conversion
Common Stock
2019-03-31+33,605→ 72,362 total
Exercise/Conversion
Common Stock
2019-03-31+1,500→ 73,862 total
Other
Employee Stock Option (right to buy)
2018-09-30−39,075→ 117,225 total
Exercise: $14.74Exp: 2021-09-30→ Common Stock (39,075 underlying)
Other
Employee Stock Option (right to buy)
2018-09-30−43,320→ 43,320 total
Exercise: $14.81Exp: 2021-09-30→ Common Stock (43,320 underlying)
Other
Restricted Stock Units
2018-09-30−1,650→ 4,950 total
→ Common Stock (1,650 underlying)
Exercise/Conversion
Restricted Stock Units
2019-03-31−4,950→ 0 total
→ Common Stock (4,950 underlying)
Other
Restricted Stock Units
2018-09-30−8,160→ 0 total
→ Common Stock (8,160 underlying)
Exercise/Conversion
Restricted Stock Units
2019-03-31−3,267→ 0 total
→ Common Stock (3,267 underlying)
Exercise/Conversion
Restricted Stock Units
2019-03-31−3,600→ 0 total
→ Common Stock (3,600 underlying)
Exercise/Conversion
Common Stock
2019-03-31+4,950→ 30,957 total
Exercise/Conversion
Common Stock
2019-03-31+3,600→ 38,757 total
Tax Payment
Common Stock
2019-03-31$16.47/sh−21,474$353,677→ 52,388 total
Exercise/Conversion
Restricted Stock Units
2019-03-31−1,500→ 0 total
→ Common Stock (1,500 underlying)

Holdings

Employee Stock Option (right to buy)
Exercise: $19.31Exp: 2021-09-30→ Common Stock (67,200 underlying)
67,200
Employee Stock Option (right to buy)
Exercise: $19.06Exp: 2021-09-30→ Common Stock (49,200 underlying)
49,200
Common Stock
(indirect: By Spouse)
45,175
Common Stock
(indirect: By ESOP)
8,711
Common Stock
(indirect: By 401(k))
63,749
Employee Stock Option (right to buy)
Exercise: $14.85Exp: 2021-09-30→ Common Stock (21,600 underlying)
21,600
Employee Stock Option (right to buy)
Exercise: $11.64Exp: 2021-09-30→ Common Stock (9,567 underlying)
9,567

Footnotes (18)

[F1]Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
[F10]As reported on a Form 4 dated May 29, 2015, the reporting person received a grant of 108,300 stock options on May 28, 2015. These stock options vest in five equal annual installments beginning May 28, 2016. The reporting person previously exercised 21,660 of these stock options.
[F11]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.
[F12]As reported on a Form 4 dated January 8, 2018, the reporting person received a grant of 6,600 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2018.
[F13]As reported on a Form 4 dated May 29, 2015, the reporting person received a grant of 20,400 Restricted Stock Units ("RSUs") on May 28, 2015. These RSUs vest in five equal annual installments beginning on May 28, 2016.
[F14]As reported on a Form 4 dated December 15, 2016, the reporting person received a grant of 4,900 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2017.
[F15]As reported on a Form 4 dated May 14, 2009, the reporting person received a grant of 4,200 Restricted Stock Units ("RSUs") that vest in four equal annual installments beginning on May 12, 2010. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation.
[F16]As reported on a Form 4 dated May 18, 2010, the reporting person received a grant of 3,600 restricted stock units ("RSUs") that vest in four equal annual installments beginning May 14, 2011. Vested shares may be distributed to the reporting person only after that person's termination of employment from TFS Financial Corporation.
[F17]As reported on a Form 4 dated August 13, 2008, the reporting person was granted 35,100 restricted stock units that vest 10% on each of the third through the ninth anniversaries of the date of the grant and 30% on the tenth anniversary of the date of the grant. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation. 1,495 shares were delivered to the issuer on June 25, 2014 to pay for applicable tax due upon vesting.
[F18]As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 4,500 Restricted Stock Units ("RSUs") on December 15, 2015. These RSUs vest in three equal annual installments beginning December 10, 2016.
[F2]In connection with the retirement of the reporting person effective September 30, 2018, remaining restricted stock units to be issued under the accelerated vesting is issued six months after the reporting person's retirement, in accordance with IRS Section 409A regulations
[F3]These common shares were delivered to the issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock units.
[F4]As reported on a Form 4 dated December 15, 2016, the reporting person received a grant of 67,200 stock options. These stock options vest in three equal annual installments beginning on December 10, 2017.
[F5]In connection with the retirement of the reporting person effective September 30, 2018, a total of 9,810 restricted stock units and 82,395 stock options were forfeited. In addition, all remaining stock options have an expiration date of September 30, 2021
[F6]As reported on a Form 4 dated December 19, 2014, the reporting person received a grant of 32,400 stock options. These stock options vest in three equal annual installments beginning December 10, 2015. The reporting person previously exercised 10,800 of these stock options.
[F7]As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 49,200 stock options on December 15, 2015. These stock options vest in three equal annual installments beginning December 10, 2016.
[F8]As reported on a Form 4 dated December 12, 2013, the reporting person received a grant of 28,700 stock options on December 3, 2013. These stock options vest in three equal installments beginning December 3, 2014. The reporting person previously exercised 19,133 of these stock options.
[F9]As reported on a Form 4 dated January 8, 2018, the reporting person received a grant of 156,300 stock options. These stock options vest in three equal annual installments beginning December 10, 2018.

Documents

1 file

4
wf-form4_155421964330854.xmlPrimary
FORM 4

Issuer

TFS Financial CORP

CIK 0001381668

→

Entity typeother

Related Parties

filerCIK 0001388157

Filing Metadata

Form type: 4
Filed: Apr 1, 8:00 PM ET
Accepted: Apr 2, 11:40 AM ET
Size: 46.3 KB

View on SEC.gov