TFS Financial CORP — Director's Dealing 2020

Feb 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TFS Financial CORP (TFSL)
CIK: 0001381668
Period of Report: 2020-02-10

Reporting Person: Huml Paul J (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-10	Common Stock	M	67200	$19.31	Acquired	116007	Direct
2020-02-10	Common Stock	F	63381	$21.76	Disposed	52626	Direct
2020-02-10	Common Stock	S	3819	$21.84	Disposed	48807	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-10	Employee Stock Option (right to buy)	$19.31	M	67200	Disposed	2026-12-15	Common Stock (67200.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43816	Indirect
Common Stock	8842	Indirect
Common Stock	4700	Indirect
Common Stock	2000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$14.74	2028-01-05	Common Stock (156300.0)	156300	Direct
Employee Stock Option (right to buy)	$14.81	2025-05-28	Common Stock (108300.0)	108300	Direct
Employee Stock Option (right to buy)	$19.06	2025-12-17	Common Stock (49200.0)	49200	Direct
Employee Stock Option (right to buy)	$14.85	2024-12-18	Common Stock (32400.0)	32400	Direct
Restricted Stock Units	$		Common Stock (6400.0)	6400	Direct
Restricted Stock Units	$		Common Stock (2200.0)	2200	Direct
Restricted Stock Units	$		Common Stock (5267.0)	5267	Direct
Restricted Stock Units	$		Common Stock (4080.0)	4080	Direct

Footnotes

F1: These common shares were acquired upon the vesting and settlement of certain stock options.

F2: These common shares were delivered to the issuer to pay the option's exercise price and applicable tax due upon vesting of certain stock options.

F3: Shares are held with shared voting power with spouse.

F4: Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.

F5: As reported on a Form 4 dated December 15, 2016, the reporting person received a grant of 67,200 stock options. These stock options vest in three equal annual installments beginning on December 10, 2017.

F6: As reported on a Form 4 dated January 8, 2018, the reporting person received a grant of 156,300 stock options. These stock options vest in three equal annual installments beginning December 10, 2018.

F7: 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.

F8: As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 49,200 stock options on December 15, 2015. These stock options vest in three equal annual installments beginning December 10, 2016.

F9: 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.

F10: 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.

F11: As reported on a Form 4 dated December 19, 2019, the reporting person received a grant of 6,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2020

F12: As reported on a Form 4 dated January 8, 2018, the reporting person received a grant of 6,600 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2018.

F13: As reported on a Form 4 dated December 20, 2018, the reporting person received a grant of 7,900 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2019.

F14: As reported on a Form 4 dated May 28, 2015, the reporting person received a grant of 20,400 Restricted Stock Units ("RSUs"). The RSUs vest in five equal annual installments beginning on May 28, 2016.