SEC Form 4 · accession 0001562180-16-001755
WSFS FINANCIAL CORP · WSFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peggy H Eddens
Officer — EVP
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 10:30 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000828944
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2016 | M | 10,758 | $14.97 | A | 29,046 | D | |
| Common StockF2 | Feb 19, 2016 | S | 10,758 | $28.13 | D | 18,288 | D | |
| Common StockF1,F3 | holding | — | — | — | 19,454 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $14.97 | Feb 19, 2016 | M | 10,758 | D | Feb 24, 2012 | Feb 24, 2016 | Common Stock | 10,758 | 0 | D |
Explanation of responses
- F1On March 17, 2015, WSFS Financial Corporation declared a stock dividend, payable to all holders of record of common stock on May 4, 2015, of two shares of common stock for each share of common stock issued and outstanding. The effective date of the stock dividend was May 19, 2015. All transactions and related amounts reported herein have been adjusted to reflect the stock dividend.
- F2Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $28.05 to $28.21, inclusive. For all transactions reported on this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3Includes effect of split and additional shares added since last Form 4 filing.
- F425% will vest after year 1; 25% will vest after year 2; 25% will vest after year 3; 25% will vest after year 4.