SEC Form 4 · accession 0001381668-18-000148
TFS Financial CORP · TFSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anna Maria P Motta
Officer — Chief Information Officer
Period of report
Dec 20, 2018
Accepted (ET)
Dec 26, 2018 · 10:27 am 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 | — | — | — | 70,500 | D | ||
| Common StockF1 | holding | — | — | — | 8,377 | I | ESOP | |
| Common StockF1 | holding | — | — | — | 12,222 | I | 401(k) |
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 20, 2018 | A | 4,500 | A | — | — | Common Stock | 4,500 | 4,500 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Common Stock | 17,000 | 17,000 | D |
| Employee Stock Option (right to buy)F5 | $15.08 | holding | — | — | — | — | Dec 11, 2024 | Common Stock | 26,000 | 26,000 | D |
| Employee Stock Option (right to buy)F6 | $14.74 | holding | — | — | — | — | Jan 5, 2028 | Common Stock | 17,000 | 17,000 | D |
Explanation of responses
- F1Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- 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 20, 2018, the reporting person received a grant of 4,500 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2019.
- F4On January 5, 2018, the reporting person received a grant of 17,000 Restricted Stock Units ("RSUs"). These RSUs fully vest on December 10, 2020.
- F5As reported on a Form 4 dated December 15, 2014, the reporting person received a grant of 26,000 stock options. These stock options fully vest on December 10, 2017.
- F6On January 5, 2018, the reporting person received a grant of 17,000 stock options. These options fully vest on December 10, 2020.