Stefanski III Ben S 4
4 · TFS Financial CORP · Filed Jan 31, 2022
Insider Transaction Report
Form 4
Stefanski III Ben S
Director
Transactions
- Other
Restricted Stock Units
2022-01-27−15,000→ 0 total→ Common Stock (15,000 underlying)
Holdings
- 60,371(indirect: By Trust)
Common Stock
- 17,000
Employee Stock Option (right to buy)
Exercise: $16.37Exp: 2022-04-27→ Common Stock (17,000 underlying) - 966(indirect: By ESOP)
Common Stock
- 64,140
Common Stock
Footnotes (4)
- [F1]On July 23, 2018, the reporting person received a grant of 17,000 stock options. These options vest December 10, 2020
- [F2]In connection with the separation of service (Third Federal employment) of the reporting person effective January 27, 2022, a total of 15,000 restricted stock units were forfeited. In addition, all remaining stock options have an expiration date of April 27, 2022.
- [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 December 17, 2020, the reporting person received a grant of 15,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.