TFS Financial CORP — Director's Dealing 2011

Sep 29, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TFS Financial CORP (TFSL)
CIK: 0001381668
Period of Report: 2011-09-22

Reporting Person: WEIL MEREDITH S (Chief Retail Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9934	Indirect
Common Stock	3746	Indirect
Common Stock	13424	Direct
Common Stock	5500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (3600)		Direct
Employee Stock Option (right to buy)	$11.74	2018-08-10	Common Stock (50000)		Direct
Employee Stock Option (right to buy)	$14.00	2020-05-14	Common Stock (31500)		Direct

Footnotes

F1: Shares are held with shared voting power with spouse.

F2: The reporting person received a grant of 3,600 restricted stock units 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 with TFS Financial Corporation.

F3: 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.

F4: The reporting person received a grant of 50,000 stock options that vest in three equal annual installments beginning August 11, 2011.

F5: The reporting person received a grant of 31,500 stock options that vest in three equal annual installments beginning May 14, 2011.