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TFS Financial CORP Director's Dealing 2015

May 29, 2015

31194_dirs_2015-05-29_25e11375-24f2-4794-add5-0a2a35bb3f6d.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: 2015-05-28

Reporting Person: Zbanek Cathy W (Chief Mkting Off of subsidiary)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-05-28 Employee Stock Option (right to buy) $14.81 A 108300 Acquired 2025-05-28 Common Stock (108300.0) Direct
2015-05-28 Restricted Stock Units $ A 20400 Acquired Common Stock (20400.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 14450 Direct
Common Stock 4920 Indirect
Common Stock 5340 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Common Stock (3300.0) 3300 Direct
Restricted Stock Units $ Common Stock (2800.0) 2800 Direct
Employee Stock Option (right to buy) $11.95 2019-08-10 Common Stock (25000.0) 25000 Direct
Employee Stock Option (right to buy) $11.64 2023-12-03 Common Stock (28700.0) 28700 Direct
Employee Stock Option (right to buy) $8.61 2021-12-19 Common Stock (40000.0) 40000 Direct
Employee Stock Option (right to buy) $14.85 2024-12-18 Common Stock (32400.0) 32400 Direct

Footnotes

F1: Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.

F2: 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.

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 20,400 Restricted Stock Units ("RSUs") on May 28, 2015. The RSUs vest in five equal annual installments beginning on May 28, 2016.

F5: 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.

F6: 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.

F7: The reporting person received a grant of 25,000 stock options on March 12, 2009. These stock options vest in three equal annual installments beginning August 11, 2011.

F8: As reported on a Form 4 dated December 12, 2013, the reporting person received a grant of 28,700 stock options. These stock options vest in three equal installments beginning December 3, 2014.

F9: The reporting person received a grant of 40,000 stock options on December 19, 2011 which vest 100% on December 15, 2014.

F10: 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.