1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Option (right to buy)
|
Â
(3)
|
08/10/2018 |
Common Stock
|
50,000
|
$
11.74
|
D
|
Â
|
Employee Stock Option (right to buy)
|
Â
(4)
|
12/19/2021 |
Common Stock
|
40,000
|
$
8.61
|
D
|
Â
|
Restricted Stock Units
|
Â
(5)
|
Â
(5)
|
Common Stock
|
20,000
|
$
(6)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended. |
(2) |
Shares are owned by the reporting person's mother who resides in the same household. Reporting person has no pecuniary interest in the shares. |
(3) |
The reporting person received a grant of 50,000 stock options that vested in three equal annual installments beginning on August 11, 2011. |
(4) |
The reporting person received a grant of 40,000 stock options on December 19, 2011. These stock options vest on December 15, 2014. |
(5) |
On December 19, 2011, the reporting person received a grant of 20,000 Restricted Stock Units ("RSU's") that vest on December 15, 2014. |
(6) |
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. |