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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 11.74 | 08/26/2015 | M | 10,000 | (4) | 08/10/2018 | Common Stock | 10,000 | $ 0 | 40,000 | D | ||||
Restricted Stock Units | (5) | (6) | (6) | Common Stock | 13,000 | 13,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 8.61 | (7) | 12/19/2021 | Common Stock | 25,000 | 25,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 15.08 | (8) | 12/11/2024 | Common Stock | 26,000 | 26,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Motta Anna Maria P 7007 BROADWAY AVENUE CLEVELAND, OH 44105 |
Chief Information Officer |
/s/ Paul J. Huml, Pursuant to Power of Attorney | 08/27/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | Represents shares of common stock delivered to the issuer in payment by the reporting person of the options exercise price and withholding tax. This transaction is exempt under Rule 16b-3(e). |
(2) | Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended. |
(3) | Shares are owned by the reporting person's mother who resides in the same household. Reporting person has no pecuniary interest in the shares. |
(4) | The reporting person received a grant of 50,000 stock options that vested in three equal annual installments beginning on August 11, 2011. |
(5) | 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. |
(6) | As reported on a Form 4 dated December 17, 2014, the reporting person received a grant of 13,000 Restricted Stock Units ("RSUs") that fully vest on December 10, 2017. |
(7) | The reporting person received a grant of 40,000 stock options on December 19, 2011 which vested 100% on December 15, 2014. The reporting person exercised 15,000 of these stock options on February 19, 2015. |
(8) | As reported on a Form 4 dated December 17, 2014, the reporting person received a grant of 26,000 stock options that fully vest on December 10, 2017. |