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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) | $ 8.61 | 12/19/2011 | A | 36,900 | (2) | 12/15/2021 | Common Stock | 36,900 | $ 8.61 | 36,900 | D | ||||
Restricted Stock Units | (3) | 12/19/2011 | A | 5,500 | (4) | (4) | Common Stock | 0 | $ 0 | 5,500 | D | ||||
Employee Stock Option (right to buy) | $ 11.96 | (5) | 05/11/2019 | Common Stock | 37,500 | 37,500 | D | ||||||||
Employee Stock Option (right to buy) | $ 11.74 | (6) | 08/10/2018 | Common Stock | 126,500 | 126,500 | D | ||||||||
Employee Stock Option (right to buy) (7) | $ 14 | (8) | 05/14/2020 | Common Stock | 31,500 (7) | 31,500 | D | ||||||||
Restricted Stock Units | (3) | (9) | (9) | Common Stock | 4,200 | 4,200 | D | ||||||||
Restricted Stock Units | (3) | (10) | (10) | Common Stock | 3,600 | 3,600 | D | ||||||||
Restricted Stock Units | (3) | (11) | (11) | Common Stock | 35,100 | 35,100 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Huffman David S 7007 BROADWAY AVENUE CLEVELAND, OH 44105 |
Chief Financial Officer |
/s/ Paul J. Huml, pursuant to power of attorney | 12/28/2011 | |
**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) | Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended. |
(2) | The reporting person received a grant of 36,900 stock options on December 19, 2011 that vest in three equal annual installments beginning December 15, 2012. |
(3) | 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. |
(4) | The reporting person was granted 5,500 Restricted Stock Units ("RSUs") on December 19, 2011. These RSUs vest in three equal annual installments beginning December 15, 2012. |
(5) | As reported on the Form 4 dated May 14, 2009, the reporting person received a grant for 37,500 stock options that vest in three equal annual installments beginning on May 12, 2010. |
(6) | As reported on the Form 4 dated August 13, 2008, the reporting person received a grant of 126,500 stock options that vest in four equal annual installments beginning on August 11, 2012. |
(7) | This stock option was originally included on the Form 4 filing dated May 18, 2010. It was inadvertently omitted from the Form 4 filing dated December 20, 2011. |
(8) | As reported on the Form 4 dated May 18, 2010, the reporting person received a grant for 31,500 stock options that vest in three equal annual installments beginning on May 14, 2011. |
(9) | As reported on the Form 4 dated May 14, 2009, the reporting person received a grant of 4,200 restricted stock units that vest in four equal annual installments beginning on May 12, 2010. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation. |
(10) | The restricted stock units vest in four equal annual installments beginning on May 14, 2011. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation. |
(11) | As reported on the Form 4 dated August 13, 2008, the reporting person was granted 35,100 restricted stock units that vest 10% on each of the third through the ninth anniversaries of the date of the grant and 30% on the tenth anniversary of the date of the grant. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation. |