Reed Michael Paul 4
4 · WSFS FINANCIAL CORP · Filed May 5, 2020
Insider Transaction Report
Form 4
Reed Michael Paul
Executive Vice President
Transactions
- Award
Common Stock
[F1]2020-05-01+4,925→ 4,925 total - Award
Common Stock
[F2]2020-05-01+7,297→ 12,222 total - Award
Stock Options (Right to buy)
[F3]2020-05-01+20,306→ 20,306 totalExercise: $27.41Exp: 2027-05-01→ Common Stock (20,306 underlying)
Footnotes (3)
- [F1]Represents the award of restricted stock units ("RSUs") that convert into common stock on a one-for-one basis. 25% of these RSUs vest annually over 4 years, commencing on April 15, 2021.
- [F2]Represents the award of RSUs that convert into common stock on a one-for-one basis. 50% of these RSUs vests on April 15, 2024 and the remaining 50% vest on April 15, 2025.
- [F3]These stock options become exercisable based on the following vesting schedule: 25% of these stock options vest annually over 4 years, commencing on April 15, 2021.
Signature
/s/ Michael P. Reed, by Charles K. Mosher, Attorney-in-Fact|2020-05-05