SEC Form 4 · accession 0001127602-15-012396
Toll Brothers, Inc. · TOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert I Toll
Officer — Executive Chairman · Director
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 11:22 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000794170
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 20, 2015 | M | 80,660 | $35.97 | A | 9,993,463 | D | |
| Common StockF2,F3 | Mar 20, 2015 | S | 80,660 | $39.5557 | D | 9,912,803 | D | |
| Common Stock | holding | — | — | — | 740,034 | I | Entities Wholly Owned By Reporting Person | |
| Common Stock | holding | — | — | — | 2,355 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 133,155 | I | Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F4 | $35.97 | Mar 20, 2015 | M | 80,660 | D | Dec 20, 2006 | Dec 20, 2015 | Common Stock | 80,660 | 169,340 | D |
Explanation of responses
- F1All sales reported on this Form 4 were made pursuant to a 10b5-1 trading plan adopted January 15, 2015.
- F2The 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.
- F3Weighted average sales price. Actual sale prices ranged from $39.50 to $39.685
- F4Exercisable 25% on 12/20/2006, 12/20/2007, 12/20/2008 and 12/20/2009.