SEC Form 4 · accession 0001127602-17-035252
Toll Brothers, Inc. · TOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard T. Hartman
Officer — President
Period of report
Dec 18, 2017
Accepted (ET)
Dec 20, 2017 · 2:37 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 StockF1 | Dec 20, 2017 | M | 30,015 | $0.00 | A | 53,248 | D | |
| Common Stock | Dec 20, 2017 | F | 13,129 | $47.44 | D | 40,119 | D | |
| Common Stock | holding | — | — | — | 2,706 | I | 401(k) Plan |
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)F2 | $47.84 | Dec 18, 2017 | A | 24,352 | A | Dec 18, 2018 | Dec 18, 2027 | Common Stock | 24,352 | 24,352 | D |
| Performance Based Restricted Stock UnitsF1,F3 | $0.00 | Dec 20, 2017 | M | 30,015 | D | Dec 20, 2014 | Dec 20, 2017 | Common Stock | 30,015 | 0 | D |
Explanation of responses
- F1Performance requirement was met on December 16, 2014. Service requirement was met on December 20, 2017.
- F2Exercisable 25% on December 18, 2018, 2019, 2020 and 2021.
- F3The performance restricted stock units vest 25% on each December 20, 2014,2015,2016 and 2017.