SEC Form 4 · accession 0001381668-16-000308
TFS Financial CORP · TFSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony J Asher
Director
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 3:37 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 StockF1 | Dec 13, 2016 | G | 2,200 | $0.00 | D | 0 | D | |
| Common StockF1 | Dec 13, 2016 | G | 2,200 | $0.00 | A | 59,980 | I | By Spouse |
| Common Stock | holding | — | — | — | 4,165 | 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,F3 | — | Dec 15, 2016 | A | 2,300 | A | — | — | Common Stock | 2,300 | 2,300 | D |
Explanation of responses
- F1On December 13, 2016, the reporting person gifted these shares to his wife, who shares reporting person's household.
- 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.
- F3On December 15, 2016, the reporting person received a grant of 2,300 Restricted Stock Units (RSUs), which fully vest on December 10, 2017.