SEC Form 4 · accession 0001127602-16-069564
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 7, 2016
Accepted (ET)
Dec 9, 2016 · 3:19 pm EST
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 | Dec 7, 2016 | M | 275,000 | $31.82 | A | 7,695,317 | D | |
| Common StockF2,F3 | Dec 7, 2016 | S | 275,000 | $32.5592 | D | 7,420,317 | D | |
| Common Stock | holding | — | — | — | 722,293 | I | Entities Wholly Owned By Reporting Person | |
| Common Stock | holding | — | — | — | 2,249 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 145,530 | I | Trusts | |
| Common Stock | holding | — | — | — | 250,000 | I | GRAT, Expires January, 2018 | |
| Common Stock | holding | — | — | — | 250,000 | I | GRAT- Expires December, 2017 | |
| Common Stock | holding | — | — | — | 2,114,790 | I | Robert I. Toll Revocable Trust |
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) | $31.82 | Dec 7, 2016 | M | 275,000 | D | Dec 20, 2007 | Dec 20, 2016 | Common Stock | 275,000 | 275,000 | D |
Explanation of responses
- F1All sales reported on this Form 4 were made pursuant to a 10b5-1 Plan adopted September 1, 2016.
- 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 $32.50-$32.76.