4//SEC Filing
Rubino Andrew J 4
Accession 0001381668-24-000180
CIK 0001381668other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 9:32 AM ET
Size
13.5 KB
Accession
0001381668-24-000180
Insider Transaction Report
Form 4
Rubino Andrew J
Chief Information Officer
Transactions
- Award
Restricted Stock Units
2024-12-19+8,700→ 8,700 total→ Common Stock (8,700 underlying)
Holdings
- 12,917(indirect: ESOP)
Common Stock
- 2,134
Restricted Stock Units
→ Common Stock (2,134 underlying) - 11,000
Employee Stock Option (right to buy)
Exercise: $14.74Exp: 2028-01-05→ Common Stock (11,000 underlying) - 4,334
Restricted Stock Units
→ Common Stock (4,334 underlying) - 30,126
Common Stock
- 8,730
Performance Restricted Share Units
→ Common Stock (8,730 underlying)
Footnotes (7)
- [F1]Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- [F2]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.
- [F3]On December 19, 2024, the reporting person received a grant of 8,700 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025.
- [F4]On December 15, 2022, the reporting person received a grant of 6,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2023.
- [F5]On March 4, 2024, the reporting person received a grant of 6,500 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024.
- [F6]On November 21, 2024, the reporting person achieved performance level of 90.0% on a target award of 9,700 Performance Share Units ("PSUs"), resulting in a total earned award of 8,730 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.
- [F7]On January 5, 2018, the reporting person received a grant of 11,000 stock options. These options will fully vest on December 10, 2020
Documents
Issuer
TFS Financial CORP
CIK 0001381668
Entity typeother
Related Parties
1- filerCIK 0001820740
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 9:32 AM ET
- Size
- 13.5 KB