0001381668-20-000113.txt : 20201125
0001381668-20-000113.hdr.sgml : 20201125
20201125083459
ACCESSION NUMBER: 0001381668-20-000113
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201123
FILED AS OF DATE: 20201125
DATE AS OF CHANGE: 20201125
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Motta Anna Maria P
CENTRAL INDEX KEY: 0001617699
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33390
FILM NUMBER: 201346892
MAIL ADDRESS:
STREET 1: 7007 BROADWAY AVENUE
CITY: CLEVELAND
STATE: OH
ZIP: 44105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TFS Financial CORP
CENTRAL INDEX KEY: 0001381668
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 522054948
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 7007 BROADWAY AVENUE
CITY: CLEVELAND
STATE: OH
ZIP: 44105
BUSINESS PHONE: (216) 441-6000
MAIL ADDRESS:
STREET 1: 7007 BROADWAY AVENUE
CITY: CLEVELAND
STATE: OH
ZIP: 44105
4
1
wf-form4_160631128677649.xml
FORM 4
X0306
4
2020-11-23
0
0001381668
TFS Financial CORP
TFSL
0001617699
Motta Anna Maria P
7007 BROADWAY AVENUE
CLEVELAND
OH
44105
0
1
0
0
Chief Information Officer
Common Stock
2020-11-23
4
M
0
5000
15.08
A
77000
D
Common Stock
13675
I
401(k)
Common Stock
10329
I
ESOP
Performance Restricted Share Units
2020-11-24
4
A
0
7650
0
A
Common Stock
7650.0
7650
D
Restricted Stock Units
Common Stock
17000.0
17000
D
Restricted Stock Units
Common Stock
3600.0
3600
D
Restricted Stock Units
Common Stock
3000.0
3000
D
Employee Stock Option (right to buy)
15.08
2024-12-11
Common Stock
26000.0
26000
D
Employee Stock Option (right to buy)
14.74
2028-01-05
Common Stock
17000.0
17000
D
Employee Stock Option (right to buy)
15.08
2020-11-23
4
M
0
5000
15.08
D
2024-12-11
Common Stock
5000.0
21000
D
These common shares were acquired upon the vesting and settlement of certain stock options.
Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
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.
On November 24, 2020, the reporting person achieved performance level of 112.5% on a target award of 6,800 Performance Share Units ("PSUs"), resulting in a total earned award of 7,650 shares. This represents the final determination of a December 20, 2018 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2020. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2021.
On January 5, 2018, the reporting person received a grant of 17,000 Restricted Stock Units ("RSUs"). These RSUs fully vest on December 10, 2020.
On December 19, 2019, the reporting person received a grant of 3,600 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2020
On December 20, 2018, the reporting person received a grant of 4,500 Restricted Stock Units ("RSUs"). These RSUs vest in three equal annual installments beginning December 10, 2019.
As reported on a Form 4 dated December 15, 2014, the reporting person received a grant of 26,000 stock options. These stock options fully vest on December 10, 2017.
On January 5, 2018, the reporting person received a grant of 17,000 stock options. These options fully vest on December 10, 2020.
/s/ Paul J. Huml, Pursuant to Power of Attorney
2020-11-25