Document
false0000828944 0000828944 2019-08-20 2019-08-20
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
  FORM 8-K
  
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

August 20, 2019
Date of Report
(Date of earliest event reported) 
WSFS Financial Corporation
(Exact name of registrant as specified in its charter)
 
Delaware
 
001-35638
 
22-2866913
(State or other jurisdiction
of incorporation)
 
(SEC Commission
File Number)
 
(IRS Employer
Identification Number)
500 Delaware Ave,
Wilmington, Delaware, 19801
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (302) 792-6000
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.01 per share
WSFS
Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 40.12b-2).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 8.01 Other Events

WSFS Financial Corporation (the “Company” or “WSFS”) today reported that Mark A. Turner, Executive Chairman of the Board of Directors, has terminated the trading plan he entered into on April 26, 2018, in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Plan”). On April 30, 2018, the Company publicly disclosed that Mr. Turner had entered into the Plan. The Plan was designed to facilitate the orderly exercise of Mr. Turner’s stock options prior to their expiration as part of his personal long-term financial planning. A substantial majority of these options have been exercised, and Mr. Turner intends to exercise his remaining expiring stock options for WSFS common stock in accordance with applicable law and Company policies before their expiration in February 2020.

Other officers or directors of the Company may, in the future, enter into or terminate Rule 10b5-1 trading plans related to shares of WSFS common stock. The Company undertakes no obligation to report Rule 10b5-1 trading plans entered into by any of its officers or directors, or to report any modifications or terminations of any publicly announced plans, except to the extent required by law.







SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
 
 
WSFS FINANCIAL CORPORATION
 
 
 
 
 
Date:
August 20, 2019
By:
 
/s/ Dominic C. Canuso
 
 
 
 
Dominic C. Canuso
Executive Vice President and
Chief Financial Officer