SEC Form 4 · accession 0001381668-15-000084
TFS Financial CORP · TFSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard S Kobak
Director
Period of report
Sep 25, 2015
Accepted (ET)
Sep 29, 2015 · 4:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001381668
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 25, 2015 | M | 2,800 | $0.00 | A | 81,300 | I | By Trust |
| Common Stock | holding | — | — | — | 60,000 | I | By Spouse's Trust | |
| Common Stock | holding | — | — | — | 25,000 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Sep 25, 2015 | M | 2,800 | D | — | — | Common Stock | 2,800 | 0 | D |
Explanation of responses
- F1The reporting person retired effective September 24, 2015 as director of the company. Upon retirement, these restricted stock units automatically vested 100%.
- F2Each 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.