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TFS Financial CORP — Director's Dealing 2015
Dec 11, 2015
31194_dirs_2015-12-11_26475d4b-64ac-47f7-8f0b-f809460c3645.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TFS Financial CORP (TFSL)
CIK: 0001381668
Period of Report: 2015-12-10
Reporting Person: Ozan Terrence R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-10 | Common Stock | M | 2800 | — | Acquired | 46400 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-10 | Restricted Stock Units | $ | M | 2800 | Disposed | Common Stock (2800.0) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (10000.0) | 10000 | Direct |
Footnotes
F1: 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.
F2: As reported on a Form 4 dated December 19, 2014, the reporting person received a grant of 2,800 Restricted Stock Units ("RSUs"). The RSU's will fully vest on December 10, 2015.
F3: As reported on a Form 4 filed May 26, 2011, the reporting person received a grant of 50,000 Restricted Stock Units ("RSUs") on May 26, 2011. On each annual vesting date, beginning on May 26, 2012 and ending May 26, 2016, 20% of the RSUs will vest which will result in the issuance of 10,000 shares of TFS Financial Corporation common stock to the reporting person.