4//SEC Filing
Adam Judith Z 4
Accession 0001381668-21-000002
CIK 0001381668other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 1:51 PM ET
Size
13.2 KB
Accession
0001381668-21-000002
Insider Transaction Report
Form 4
Adam Judith Z
Chief Risk Off of Subsidiary
Transactions
- Tax Payment
Common Stock
2021-01-04$17.63/sh−4,838$85,294→ 78,942 total - Exercise/Conversion
Restricted Stock Units
2021-01-04−17,000→ 0 total→ Common Stock (17,000 underlying) - Exercise/Conversion
Common Stock
2021-01-04+17,000→ 83,780 total
Holdings
- 9,968(indirect: ESOP)
Common Stock
- 56,657(indirect: By 401(k))
Common Stock
- 26,000
Employee Stock Option (right to buy)
Exercise: $15.08Exp: 2023-06-01→ Common Stock (26,000 underlying) - 17,000
Employee Stock Option (right to buy)
Exercise: $14.74Exp: 2023-06-01→ Common Stock (17,000 underlying)
Footnotes (6)
- [F1]In connection with the retirement of the reporting person effective June 1, 2020, 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. In addition, all remaining stock options have an adjusted expiration date of June 1, 2023.
- [F2]These common shares were delivered to the issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock units.
- [F3]Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- [F4]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.
- [F5]As reported on a Form 4 dated December 15, 2014, the reporting person received a grant of 26,000 stock options. These stock options vest 100% on December 10, 2017.
- [F6]On January 5, 2018, the reporting person received a grant of 17,000 stock options. These options fully vest on December 10, 2020.
Documents
Issuer
TFS Financial CORP
CIK 0001381668
Entity typeother
Related Parties
1- filerCIK 0001388163
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 1:51 PM ET
- Size
- 13.2 KB