Stefanski III Ben S 4
4 · TFS Financial CORP · Filed Jun 4, 2020
Insider Transaction Report
Form 4
Stefanski III Ben S
Director
Transactions
- Other
Common Stock
2020-06-03+63,820→ 63,820 total(indirect: By Trust)
Holdings
- 17,000
Restricted Stock Units
→ Common Stock (17,000 underlying) - 52,300
Common Stock
- 441(indirect: By ESOP)
Common Stock
- 17,000
Employee Stock Option (right to buy)
Exercise: $16.37Exp: 2028-01-05→ Common Stock (17,000 underlying)
Footnotes (5)
- [F1]On June 3, 2020, Marc Stefanski, the reporting person's uncle, transferred 63,820 shares to a trust. The reporting person is the Trustee.
- [F2]Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- [F3]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.
- [F4]On July 23, 2018, the reporting person received a grant of 17,000 Restricted Stock Units (RSUs). These RSUs vest on December 10, 2020
- [F5]On July 23, 2018, the reporting person received a grant of 17,000 stock options. These options vest December 10, 2020