SEC Form 4 · accession 0001127602-16-070122
Toll Brothers, Inc. · TOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas C. Yearley Jr.
Officer — Chief Executive Officer · Director
Period of report
Dec 14, 2016
Accepted (ET)
Dec 15, 2016 · 4:15 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 14, 2016 | A | 79,938 | A | Dec 18, 2016 | Dec 18, 2019 | Common Stock | 79,938 | 79,938 | D |
Explanation of responses
- F1The right to receive these performance restricted stock units was awarded on 12/18/2015 subject to obtaining certain performance goals. The performance goals were met on 12/14/2016.
- F2These performance restricted stock units vest 25% on each December 18, 2016, 2017, 2018 and 2019.