Form Type: 4

SEC EDGAR Link
Accession Number:0001381668-19-000121
Date:2019-12-13
Issuer: TFS FINANCIAL CORP (TFSL)
Original Submission Date:

Reporting Person:

WEIL MEREDITH S
7007 BROADWAY AVENUE
CLEVELAND, OH 44105

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-12-13 M 16,500 a $14.00 71,226 direct
COMMON STOCK 2019-12-13 F 13,777 d $20.06 57,449 f3 direct
COMMON STOCK 2019-12-13 0 $0.00 8,607 indirect f4
COMMON STOCK 2019-12-13 0 $0.00 11,990 indirect f4
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 14.0 2019-12-13 deemed execution date M 16,500 (d) 2020-05-14 common stock 16,500 $14.00 0 direct
RESTRICTED STOCK UNITS 0.0 2019-12-13 deemed execution date 0 ( ) common stock 6,734 $0.00 6,734 direct
RESTRICTED STOCK UNITS 0.0 2019-12-13 deemed execution date 0 ( ) common stock 4,080 $0.00 4,080 direct
RESTRICTED STOCK UNITS 0.0 2019-12-13 deemed execution date 0 ( ) common stock 2,634 $0.00 2,634 direct
RESTRICTED STOCK UNITS 0.0 2019-12-13 deemed execution date 0 ( ) common stock 3,600 $0.00 3,600 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 14.74 2019-12-13 deemed execution date 0 ( ) 2028-01-05 common stock 187,500 $14.74 187,500 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 14.81 2019-12-13 deemed execution date 0 ( ) 2025-05-28 common stock 108,300 $14.81 108,300 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 19.31 2019-12-13 deemed execution date 0 ( ) 2026-12-15 common stock 79,400 $19.31 79,400 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 19.06 2019-12-13 deemed execution date 0 ( ) 2025-12-17 common stock 49,200 $19.06 49,200 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 9.43 2019-12-13 deemed execution date 0 ( ) 2022-12-15 common stock 41,700 $9.43 41,700 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 8.61 2019-12-13 deemed execution date 0 ( ) 2021-12-15 common stock 36,900 $8.61 36,900 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 14.85 2019-12-13 deemed execution date 0 ( ) 2024-12-18 common stock 32,400 $14.85 32,400 direct
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 11.64 2019-12-13 deemed execution date 0 ( ) 2023-12-03 common stock 28,700 $11.64 28,700 direct
Footnotes
IDfootnote
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 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.
f6 on december 20, 2018, the reporting person received a grant of 10,100 restricted stock units ("rsus"). these rsus vest in three equal annual installments beginning december 10, 2019.
f7 as reported on a form 4 dated may 29, 2015, the reporting person received a grant of 20,400 restricted stock units ("rsus") on may 28, 2015. these rsus vest in five equal annual installments beginning on may 28, 2016.
f8 as reported on a form 4 dated january 8, 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, 2018.
f9 as reported on a form 4 dated september 29, 2011, the reporting person received a grant of 3,600 restricted stock units that vest in four equal annual installments beginning may 14, 2011. vested shares may be distributed to the reporting person only after that person's termination of employment with tfs financial corporation.
f10 as reported on a form 4 dated january 8, 2018, the reporting person received a grant of 187,500 stock options. these stock options vest in three equal annual installments beginning december 10, 2018.
f11 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.
f12 as reported on a form 4 dated december 15, 2016, the reporting person received a grant of 79,400 stock options. these stock options vest in three equal annual installments beginning december 10, 2017.
f13 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.
f14 the reporting person received a grant of 41,700 stock options on december 28, 2012. these stock options vest in three equal installments beginning december 15, 2013.
f15 as reported on a form 4 dated december 19, 2011, the reporting person received a grant of 36,900 stock options that vest in three equal annual installments beginning december 15, 2012.
f16 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.
f17 as reported on a form 4 dated december 12, 2013, the reporting person received a grant of 28,700 stock options on december 3, 2013. these stock options vest in three equal installments beginning december 3, 2014.
f18 the reporting person received a grant of 31,500 stock options that vest in three equal annual installments beginning may 14, 2011.
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