X0303 4 2008-11-20 0001163428 WILLOW FINANCIAL BANCORP, INC. WFBC 0001213470 KREMP CHARLES F 3RD C/O WILLOW FINANCIAL BANK 170 SOUTH WARNER ROAD WAYNE PA 19087 1 0 0 0 Common Stock 2008-11-20 4 M 0 7662 3.79 A 103749 D Stock Option (Right to Buy) 3.79 2008-11-20 4 M 0 7662 0 D 2009-10-26 Common Stock 7662 0 D Stock Option (Right to Buy) 7.94 2012-01-22 Common Stock 3584 3584 D Stock Option (Right to Buy) 12.18 2012-11-25 Common Stock 33674 33674 D Includes 667 shares granted pursuant to the 2005 Recognition and Retention Plan ("RRP") which reflect the unvested portion of a grant amount originally covering 1,935 shares that commenced vesting at a rate of 1/3 per year on January 6, 2007, and was adjusted for the February 2007 stock dividend and 1,355 shares granted pursuant to the RRP which reflect the unvested portion of a grant of 1,935 shares which are vesting at a rate of 1/3 per year commencing on January 5, 2008 and have been adjusted for the February 2007 stock dividend. Also includes 45,469 shares held jointly with the reporting person's spouse. This option is vesting in five equal annual installments beginning October 26, 2000. This option is vesting in five equal annual installments beginning January 22, 2003. This option is vesting in five equal annual installments beginning November 25, 2002. /s/ Charles F. Kremp 3rd 2008-11-26