4//SEC Filing
Zbanek Cathy W 4
Accession 0001381668-24-000162
CIK 0001381668other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 1:40 PM ET
Size
31.3 KB
Accession
0001381668-24-000162
Insider Transaction Report
Form 4
Zbanek Cathy W
Chief Mkting Off of subsidiary
Transactions
- Exercise/Conversion
Common Stock
2024-12-10+4,733→ 112,546 total - Exercise/Conversion
Restricted Stock Units
2024-12-10−4,667→ 4,667 total→ Common Stock (4,667 underlying) - Tax Payment
Common Stock
2024-12-10$13.65/sh−12,150$165,848→ 108,197 total - Exercise/Conversion
Common Stock
2024-12-10+13,395→ 107,813 total - Exercise/Conversion
Common Stock
2024-12-10+4,667→ 120,347 total - Exercise/Conversion
Common Stock
2024-12-10+3,134→ 115,680 total - Exercise/Conversion
Restricted Stock Units
2024-12-10−3,134→ 0 total→ Common Stock (3,134 underlying) - Exercise/Conversion
Performance Restricted Share Units
2024-12-10−13,395→ 0 total→ Common Stock (13,395 underlying) - Exercise/Conversion
Restricted Stock Units
2024-12-10−4,733→ 9,467 total→ Common Stock (4,733 underlying)
Holdings
- 13,264(indirect: By ESOP)
Common Stock
- 18,990
Performance Restricted Share Units
→ Common Stock (18,990 underlying) - 32,400
Employee Stock Option (right to buy)
Exercise: $14.85Exp: 2024-12-18→ Common Stock (32,400 underlying) - 5,331(indirect: By 401(k))
Common Stock
- 187,500
Employee Stock Option (right to buy)
Exercise: $14.74Exp: 2028-01-05→ Common Stock (187,500 underlying) - 108,300
Employee Stock Option (right to buy)
Exercise: $14.81Exp: 2025-05-28→ Common Stock (108,300 underlying) - 79,400
Employee Stock Option (right to buy)
Exercise: $19.31Exp: 2026-12-15→ Common Stock (79,400 underlying) - 49,200
Employee Stock Option (right to buy)
Exercise: $19.06Exp: 2025-12-17→ Common Stock (49,200 underlying)
Footnotes (14)
- [F1]These common shares were acquired upon the vesting and settlement of certain performance stock units (PSUs) and restricted stock units (RSUs).
- [F10]As reported on a Form 4 dated January 8, 2018, the reporting person received a grant of 187,500 stock options. These stock options vest in three equal annual installments beginning December 10, 2018.
- [F11]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.
- [F12]As reported on a Form 4 dated December 15, 2016, the reporting person received a grant of 79,400 stock options. These stock options vest in three equal annual installments beginning December 10, 2017.
- [F13]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.
- [F14]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.
- [F2]These common shares were delivered to the issuer to pay for the applicable withholding tax due upon vesting of certain performance stock units (PSUs) and restricted stock units (RSUs).
- [F3]Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- [F4]Each restricted and performance stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock. Restricted and performance 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]On November 21, 2024, the reporting person achieved performance level of 90.0% on a target award of 21,000 Performance Share Units ("PSUs"), resulting in a total earned award of 18,990 shares. This represents the final determination a December 15, 2022 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2024. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2025.
- [F6]On November 21, 2023, the reporting person achieved performance level of 95.0% on a target award of 14,100 Performance Share Units ("PSUs"), resulting in a total earned award of 13,395 shares. This represents the final determination a December 16, 2021 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2023. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2024.
- [F7]On March 4, 2024, the reporting person received a grant of 14,200 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024.
- [F8]On December 16, 2021, the reporting person received a grant of 9,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2022.
- [F9]On December 15, 2022, the reporting person received a grant of 14,000 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2023.
Documents
Issuer
TFS Financial CORP
CIK 0001381668
Entity typeother
Related Parties
1- filerCIK 0001566345
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 1:40 PM ET
- Size
- 31.3 KB