SEC Form 4 · accession 0001127602-15-033948
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
Dec 10, 2015
Accepted (ET)
Dec 14, 2015 · 2:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000794170
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Based Restricted Stock UnitsF1,F2 | $0.00 | Dec 10, 2015 | A | 138,933 | A | Dec 19, 2015 | Dec 19, 2018 | Common Stock | 138,933 | 138,933 | D |
Explanation of responses
- F1The right to receive these performance restricted stock units was awarded on 12/19/2014 subject to attaining certain performance goals. The performance goals were met on 12/10/2015.
- F2The performance restricted stock units vest 25% on each December 19, 2015, 2016, 2017 and 2018.