SEC Form 4 · accession 0001381668-15-000162
TFS Financial CORP · TFSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul J Huml
Officer — Chief Operating Officer
Period of report
Dec 17, 2015
Accepted (ET)
Dec 17, 2015 · 5:00 pm EST
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 Stock | holding | — | — | — | 24,387 | D | ||
| Common Stock | holding | — | — | — | 4,700 | I | By Spouse's Ira | |
| Common StockF1 | holding | — | — | — | 36,709 | I | By 401(k) | |
| Common StockF1 | holding | — | — | — | 5,709 | I | ESOP | |
| Common Stock | holding | — | — | — | 2,000 | I | Child 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $19.06 | Dec 17, 2015 | A | 49,200 | A | — | Dec 17, 2025 | Common Stock | 49,200 | 49,200 | D |
| Restricted Stock UnitsF3,F4 | — | Dec 17, 2015 | A | 4,500 | A | — | — | Common Stock | 4,500 | 4,500 | D |
| Restricted Stock UnitsF3,F5 | — | holding | — | — | — | — | — | Common Stock | 20,400 | 20,400 | D |
| Employee Stock Option (right to buy)F6 | $14.81 | holding | — | — | — | — | May 28, 2025 | Common Stock | 108,300 | 108,300 | D |
| Employee Stock Option (right to buy)F7 | $14.85 | holding | — | — | — | — | Dec 18, 2024 | Common Stock | 32,400 | 32,400 | D |
| Employee Stock Option (right to buy)F8 | $8.61 | holding | — | — | — | — | Dec 15, 2021 | Common Stock | 40,000 | 40,000 | D |
| Restricted Stock UnitsF3,F9 | — | holding | — | — | — | — | — | Common Stock | 2,200 | 2,200 | D |
| Employee Stock Option (right to buy)F10 | $11.74 | holding | — | — | — | — | Aug 10, 2018 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- F10As reported on Form 4 filed August 13, 2008, the reporting person received options to purchase 50,000 shares, which vest in three equal annual installments beginning on August 11, 2011. The reporting person previously exercised 25,000 of these stock options.
- F2The reporting person received a grant of 49,200 stock options on December 17, 2015. These stock options vest in three equal annual installments beginning December 10, 2016.
- F3Each 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.
- F4The reporting person received a grant of 4,500 Restricted Stock Units ("RSUs") on December 17, 2015. These RSUs vest in three equal annual installments beginning December 10, 2016.
- F5As reported on a Form 4 dated May 29, 2015, the reporting person received a grant of 20,400 Restricted Stock Units ("RSUs"). The RSUs vest in five equal annual installments beginning on May 28, 2016.
- F6As 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.
- F7As 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.
- F8The reporting person received a grant of 40,000 stock options that vest 100% on December 15, 2014.
- F9As reported on a Form 4 dated December 19, 2014, the reporting person received a grant of 3,300 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2015.