SEC Form 4 · accession 0001127602-17-021494
Toll Brothers, Inc. · TOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A Novick
Director
Period of report
Jun 14, 2017
Accepted (ET)
Jun 15, 2017 · 2:36 pm 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 | Jun 14, 2017 | M | 17,000 | $20.76 | A | 24,417 | D | |
| Common Stock | Jun 14, 2017 | M | 17,000 | $21.70 | A | 41,417 | D | |
| Common Stock | Jun 14, 2017 | M | 17,000 | $18.38 | A | 58,417 | D | |
| Common Stock | Jun 14, 2017 | M | 17,000 | $19.32 | A | 75,417 | D | |
| Common Stock | Jun 14, 2017 | M | 17,000 | $20.50 | A | 92,417 | D | |
| Common StockF1,F2 | Jun 14, 2017 | S | 85,000 | $39.0798 | D | 7,417 | D |
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)F3 | $20.76 | Jun 14, 2017 | M | 17,000 | D | Dec 20, 2008 | Dec 20, 2017 | Common Stock | 17,000 | 0 | D |
| Stock Options (Right to Buy) | $21.70 | Jun 14, 2017 | M | 17,000 | D | Dec 20, 2009 | Dec 20, 2018 | Common Stock | 17,000 | 0 | D |
| Stock Options (Right to Buy)F4 | $18.38 | Jun 14, 2017 | M | 17,000 | D | Dec 20, 2010 | Dec 20, 2019 | Common Stock | 17,000 | 0 | D |
| Stock Options (Right to Buy)F5 | $19.32 | Jun 14, 2017 | M | 17,000 | D | Dec 20, 2011 | Dec 20, 2020 | Common Stock | 17,000 | 0 | D |
| Stock Options (Right to Buy)F6 | $20.50 | Jun 14, 2017 | M | 17,000 | D | Dec 20, 2012 | Dec 20, 2021 | Common Stock | 17,000 | 0 | D |
Explanation of responses
- F1The 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.
- F2Weighted average sales price. Actual sale prices ranged from $39.04-$39.105.
- F3Exercisable 50% on 12/20/2008, 12/20/2009
- F4Exercisable 50% on 12/20/2010 and 12/20/2011.
- F5Exercisable 50% on 12/20/2011 and 12/20/2012
- F6Exercisable 50% on 12/20/2012 and 12/20/2013