Filing Details

Accession Number:
0001381668-16-000318
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-15 15:48:27
Reporting Period:
2016-12-14
Filing Date:
2016-12-15
Accepted Time:
2016-12-15 15:48:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1381668 Tfs Financial Corp TFSL Savings Institution, Federally Chartered (6035) 522054948
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1388161 A Marc Stefanski 7007 Broadway Avenue
Cleveland OH 44105
Chairman, President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-12-14 7,600 $19.31 9,200 No 4 S Indirect Trustee for son's trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Trustee for son's trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2016-12-15 29,500 $0.00 29,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
29,500 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 120,511 Direct
Common Stock 6,851 Indirect BY ESOP
Common Stock 86,861 Indirect By 401(k)
Common Stock 17,800 Indirect By Child 4
Common Stock 20,800 Indirect By Child 5
Common Stock 5,000 Indirect By Spouse
Common Stock 6,200 Indirect Trustee for daughter's trust
Common Stock 115,738 Indirect Trustee for sibling trust
Common Stock 7,200 Indirect POA on siblings IRA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 11,034 11,034 Direct
Common Stock Employee Stock Option (right to buy) $11.96 2019-05-11 299,600 299,600 Direct
Common Stock Employee Stock Option (right to buy) $8.61 2021-12-15 369,000 369,000 Direct
Common Stock Employee Stock Option (right to buy) $14.85 2024-12-18 383,600 383,600 Direct
Common Stock Restricted Stock Units $0.00 11,867 11,867 Direct
Common Stock Employee Stock Option (right to buy) $14.00 2020-05-14 315,500 315,500 Direct
Common Stock Employee Stock Option (right to buy) $19.06 2025-12-17 196,700 196,700 Direct
Common Stock Restricted Stock Units $0.00 33,400 33,400 Direct
Common Stock Restricted Stock Units $0.00 693,048 693,048 Direct
Common Stock Restricted Stock Units $0.00 35,700 35,700 Direct
Common Stock Employee Stock Option (right to buy) $11.64 2023-12-03 286,500 286,500 Direct
Common Stock Employee Stock Option (right to buy) $9.43 2022-12-15 416,700 416,700 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
11,034 11,034 Direct
2019-05-11 299,600 299,600 Direct
2021-12-15 369,000 369,000 Direct
2024-12-18 383,600 383,600 Direct
11,867 11,867 Direct
2020-05-14 315,500 315,500 Direct
2025-12-17 196,700 196,700 Direct
33,400 33,400 Direct
693,048 693,048 Direct
35,700 35,700 Direct
2023-12-03 286,500 286,500 Direct
2022-12-15 416,700 416,700 Direct
Footnotes
  1. Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
  2. Each 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.
  3. On December 15, 2016, the reporting person received a grant of 29,500 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2017.
  4. As reported on a Form 4 dated December 19, 2014, the reporting person received a grant of 33,100 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2015.
  5. As reported on a Form 4 dated May 14, 2009, the reporting person received a grant for 299,600 stock options that vest in three equal annual installments beginning on May 12, 2010.
  6. As reported on a Form 4 dated December 20, 2011, the reporting person received a grant of 369,000 stock options that vest in three equal annual installments beginning on December 15, 2012.
  7. As reported on a Form 4 dated December 19, 2014, the reporting person received a grants of 383,600 stock options. These options vest in three equal annual installments beginning December 10, 2015.
  8. As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 17,800 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2016.
  9. As reported on a Form 4 dated May 18, 2010, the reporting person received a grant of 315,500 stock options which vest in three equal annual installments beginning May 14, 2011.
  10. As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 196,700 stock options. These stock options vest in three equal annual installments beginning December 10, 2016.
  11. As reported on a Form 4 dated May 14, 2009, the reporting person received a grant of 33,400 stock units that vest in four equal annual installments beginning on May 12, 2010. Vested shares may be distributed to the reporting person only after the person's termination of employment with TFS Financial Corporation.
  12. As reported on a Form 4 dated August 13, 2008, the Reporting Person received a grant of 701,800 Restricted Stock Units ("RSUs") on August 11, 2008. These RSUs vest 10% on each of the third through the ninth anniversaries of the date of the grant and 30% on the tenth anniversary of the date of the grant. Vested shares may be distributed to the Reporting Person only after the person's termination of employment from TFS Financial Corporation. A total of 8,752 shares were delivered to the issuer to pay for the applicable withholding tax due upon vesting.
  13. As reported on a Form 4 dated May 18, 2010, the Reporting Person received a grant of 35,700 restricted stock units that vest in four equal installments beginning on May 14, 2011. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation.
  14. As reported on a Form 4 dated December 12, 2013, the reporting person received a grant of 286,500 stock options. These stock options vest in three equal installments beginning December 3, 2014.
  15. As reported on a Form 4 dated January 2, 2013, the reporting person received a grant of 416,700 stock options on December 28, 2012. These stock options vest in three equal installments beginning December 15, 2013.