RICHARD WRIGHT - 11 Jan 2023 Form 4 Insider Report for WSFS FINANCIAL CORP (WSFS)

Role
EVP
Signature
/s/ Richard Wright by Charles Mosher, as Power of Attorney
Issuer symbol
WSFS
Transactions as of
11 Jan 2023
Net transactions value
-$314,849
Form type
4
Filing time
13 Jan 2023, 15:50:12 UTC
Previous filing
27 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSFS Common Stock Tax liability $314,849 -6,852 -17% $45.95 32,678 11 Jan 2023 Direct F1
holding WSFS Common Stock 7,131 11 Jan 2023 401k

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WSFS Stock Options (Right to buy) 8,868 11 Jan 2023 Common Stock 8,868 $51.84 Direct F2
holding WSFS Stock Options (Right to buy) 6,502 11 Jan 2023 Common Stock 6,502 $48.40 Direct F2
holding WSFS Stock Options (Right to buy) 5,311 11 Jan 2023 Common Stock 5,311 $47.05 Direct F2
holding WSFS Stock Options (Right to buy) 9,924 11 Jan 2023 Common Stock 9,924 $43.28 Direct F2
holding WSFS Stock Options (Right to buy) 12,866 11 Jan 2023 Common Stock 12,866 $36.11 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

RICHARD WRIGHT is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes due on vested restricted stock units
F2 Mr. Wright retired effective January 6, 2023. All outstanding unvested awards were deemed vested effective January 6, 2023. All outstanding stock awards expire on January 6, 2024 (12 months after retirement)

Remarks:

Mr. Wright retired from WSFS Financial Corporation effective January 6, 2023.