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WSFS FINANCIAL CORP — Director's Dealing 2012
Feb 27, 2012
31326_dirs_2012-02-27_c6e9f71c-6cbe-4208-8009-a97c763c8130.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WSFS FINANCIAL CORP (WSFS)
CIK: 0000828944
Period of Report: 2012-02-23
Reporting Person: WRIGHT RICHARD (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-23 | Common Stock | A | 1608 | $40.89 | Acquired | 11230 | Indirect |
| 2012-02-23 | Common Stock | A | 453 | $40.89 | Acquired | 11683 | Indirect |
| 2012-02-24 | Common Stock | J | 305 | $39.56 | Disposed | 11378 | Indirect |
| 2012-02-24 | Common Stock | J | 305 | $39.56 | Acquired | 560 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1138 | Indirect |
| Common Stock | 1256 | Indirect |
Footnotes
F1: The restricted stock shall not become transferable any earlier than as permitted under the following schedule (except as necessary to reflect a merger or acquisition of the Company): (i) 25% of the shares at the time of repayment of 25% of the aggregate financial assistance (the "financial assistance") received by the Company under the Emergercy Economic Stabilization Act of 2008 ("EESA") as amended by the American Recovery and Reinvestment Act of 2009; (ii) an additional 25% of the shares (50% in the aggregate) at the time of repayment of 50% of the aggregate financial assistance; (iii) an additional 25% of the shares (75% in the aggregate) at the time of repayment of 75% of the aggregate financial assistance and (iv) the remainder of the shares granted at the time of repayment of 100% of the financial assistance.
F2: 25% will vest after year 1
25% will vest after year 2
25% will vest after year 3
25% will vest after year 4
F3: Transaction reflects change in ownership only from indirect to direct as a result of vesting of restricted award.