Filing Details

Accession Number:
0001127602-22-027211
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-09 17:03:21
Reporting Period:
2022-12-08
Accepted Time:
2022-12-09 17:03:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
794170 Toll Brothers Inc. TOL Operative Builders (1531) 232416878
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1476755 Jr. C. Douglas Yearley 1140 Virginia Drive
Fort Washington PA 19034
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-12-08 1,359 $32.22 161,278 No 4 M Direct
Common Stock Disposition 2022-12-08 1,359 $49.82 159,919 No 4 S Direct
Common Stock Acquisiton 2022-12-09 34,728 $0.00 194,647 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2022-12-08 1,359 $0.00 1,359 $32.22
Common Stock Performance Based Restricted Stock Units Acquisiton 2022-12-09 33,887 $0.00 33,887 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
148,641 2013-12-17 2022-12-17 No 4 M Direct
67,774 2025-12-20 2025-12-25 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,547 Indirect 401(k) Plan
Common Stock 500 Indirect Trust
Common Stock 80,500 Indirect By SLAT
Footnotes
  1. The Reporting person will provide, upon request by SEC staff, the issuer or a security holder, the full information about the number of shares sold at each separate sales price.
  2. Weighted-average sales price. Actual sale prices ranged from $49.82 to $49.84.
  3. Reflects the number of shares earned in respect of TSR-based performance restricted stock units originally granted on December 18, 2019. On December 9, 2022, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the applicable performance metric, which measured total shareholder return (TSR) of the Issuer over the three year period from November, 1 2019 to October 31, 2022 relative to the TSR of each of a peer group of companies. Settlement of the shares will occur on December 18, 2022.
  4. Vested 25% on 12/17/2013, 2014, 2015 and 2016. Exercisable as of vesting date.
  5. Reflects the number of shares earned in respect to operational performance restricted stock units originally granted December 20, 2021. On December 9, 2022, the Compensation Committee of the Board of Directors certified the achievement levels of the operational metrics applicable to the award and the number of shares earned based on such results. One quarter of the shares earned vest each anniversary of the grant date, with settlement of 100% of the award on the fourth anniversary.