TFS Financial CORP — Director's Dealing 2015

Sep 16, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TFS Financial CORP (TFSL)
CIK: 0001381668
Period of Report: 2015-09-15

Reporting Person: Huml Paul J (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-09-15	Common Stock	M	25000	$11.74	Acquired	48830	Direct
2015-09-15	Common Stock	F	21031	$17.10	Disposed	27799	Direct
2015-09-15	Common Stock	S	3969	$17.10	Disposed	23830	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-09-15	Employee Stock Option (right to buy)	$11.74	M	25000	Disposed	2018-08-10	Common Stock (25000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4700	Indirect
Common Stock	2000	Indirect
Common Stock	5676	Indirect
Common Stock	36497	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (20400.0)	20400	Direct
Employee Stock Option (right to buy)	$14.81	2025-05-28	Common Stock (108300.0)	108300	Direct
Employee Stock Option (right to buy)	$14.85	2024-12-18	Common Stock (32400.0)	32400	Direct
Employee Stock Option (right to buy)	$8.61	2021-12-15	Common Stock (40000.0)	40000	Direct
Restricted Stock Units	$		Common Stock (3300.0)	3300	Direct

Footnotes

F1: Represents shares of common stock withheld by the issuer in payment by the reporting person for the exercise price and applicable taxes due.

F2: Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.

F3: As reported on a Form 4 filed August 13, 2008, the reporting person received a grant of 50,000 stock options. These options vest in three equal installments beginning on August 11, 2011.

F4: 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.

F5: The reporting person received a grant of 20,400 Restricted Stock Units ("RSUs") on May 28, 2015. The RSUs vest in five equal installments beginning on May 28, 2016.

F6: 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.

F7: As reported on a Form 4 filed 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.

F8: As reported on a Form 4 filed December 20, 2011, the reporting person received a grant of 40,000 stock options that vest 100% on December 15, 2014.

F9: As reported on a Form 4 filed 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.