Filing Details

Accession Number:
0001381668-15-000095
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-10 10:57:17
Reporting Period:
2015-11-09
Filing Date:
2015-11-10
Accepted Time:
2015-11-10 10:57:17
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
1388157 S David Huffman 7007 Broadway Avenue
Cleveland OH 44105
Chief Financial Officer No 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 Acquisiton 2015-11-09 37,500 $11.96 44,455 No 4 M Direct
Common Stock Disposition 2015-11-09 31,043 $18.31 13,412 No 4 F Direct
Common Stock Disposition 2015-11-09 6,457 $18.32 6,955 No 4 S Direct
Common Stock Acquisiton 2015-11-09 31,500 $14.00 38,455 No 4 M Direct
Common Stock Disposition 2015-11-09 27,819 $18.31 10,636 No 4 F Direct
Common Stock Disposition 2015-11-09 3,681 $18.32 6,955 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2015-11-09 37,500 $11.96 37,500 $11.96
Common Stock Employee Stock Option (right to buy) Disposition 2015-11-09 31,500 $14.00 31,500 $14.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-05-11 No 4 M Direct
0 2020-05-14 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 45,175 Indirect By Spouse
Common Stock 5,914 Indirect By ESOP
Common Stock 54,152 Indirect By 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 3,600 3,600 Direct
Common Stock Restricted Stock Units $0.00 2,800 2,800 Direct
Common Stock Employee Stock Option (right to buy) $14.81 2025-05-28 108,300 108,300 Direct
Common Stock Restricted Stock Units $0.00 1,934 1,934 Direct
Common Stock Employee Stock Option (right to buy) $9.43 2022-12-15 41,700 41,700 Direct
Common Stock Employee Stock Option (right to buy) $8.61 2021-12-15 36,900 36,900 Direct
Common Stock Employee Stock Option (right to buy) $14.85 2024-12-18 32,400 32,400 Direct
Common Stock Employee Stock Option (right to buy) $11.64 2023-12-03 28,700 28,700 Direct
Common Stock Restricted Stock Units $0.00 4,200 4,200 Direct
Common Stock Restricted Stock Units $0.00 3,300 3,300 Direct
Common Stock Restricted Stock Units $0.00 20,400 20,400 Direct
Common Stock Restricted Stock Units $0.00 33,605 33,605 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
3,600 3,600 Direct
2,800 2,800 Direct
2025-05-28 108,300 108,300 Direct
1,934 1,934 Direct
2022-12-15 41,700 41,700 Direct
2021-12-15 36,900 36,900 Direct
2024-12-18 32,400 32,400 Direct
2023-12-03 28,700 28,700 Direct
4,200 4,200 Direct
3,300 3,300 Direct
20,400 20,400 Direct
33,605 33,605 Direct
Footnotes
  1. Corresponds to the exercise price of the stock options.
  2. Represents shares of common stock delivered to the issuer in payment by the reporting person of the options exercise price and withholding tax. This transaction is exempt under Rule 16b-3(e).
  3. Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
  4. As reported on a Form 4 dated May 14, 2009, the reporting person received a grant for 37,500 stock options that vest in three equal annual installments beginning on May 12, 2010.
  5. As reported on a Form 4 dated May 18, 2010, the reporting person received a grant for 31,500 stock options that vest in three equal annual installments beginning on May 14, 2011.
  6. 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.
  7. As reported on a Form 4 dated May 18, 2010, the reporting person received a grant of 3,600 restricted stock units ("RSUs") that vest in four equal annual installments beginning May 14, 2011. Vested shares may be distributed to the reporting person only after that person's termination of employment from TFS Financial Corporation.
  8. As reported on a Form 4 dated December 12, 2013, the reporting person received a grant of 4,200 Restricted Stock Units ("RSU's") on December 3, 2013. These RSU's vest in three equal annual installments beginning December 3, 2014.
  9. As 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.
  10. As reported on a Form 4 dated January 2, 2013, the reporting person received a grant of 5,800 Restricted Stock Units ("RSU's") on December 28, 2012. These RSU's vest in three equal annual installments beginning December 15, 2013.
  11. As reported on a Form 4 dated December 28, 2012, the reporting person received a grant of 41,700 stock options on December 28, 2012. These stock options vest in three equal installments beginning December 15, 2013.
  12. As reported on a Form 4 dated December 20, 2011, the reporting person received a grant of 36,900 stock options on December 19, 2011 that vest in three equal annual installments beginning December 15, 2012.
  13. As 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.
  14. As reported on a Form 4 dated December 12, 2013, the reporting person received a grant of 28,700 stock options on December 3, 2013. These stock options vest in three equal installments beginning December 3, 2014.
  15. As reported on a Form 4 dated May 14, 2009, the reporting person received a grant of 4,200 Restricted Stock Units ("RSUs") that vest in four equal annual installments beginning on May 12, 2010. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation.
  16. As 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.
  17. As reported on a Form 4 dated May 29, 2015, the reporting person received a grant of 20,400 Restricted Stock Units ("RSUs") on May 28, 2015. These RSUs vest in five equal annual installments beginning on May 28, 2016.
  18. As reported on a Form 4 dated August 13, 2008, the reporting person was granted 35,100 restricted stock units that 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 that person's termination of employment with TFS Financial Corporation. 1,495 shares were delivered to the issuer on June 25, 2014 to pay for applicable tax due upon vesting.