SEC Form 4 · accession 0001127602-18-001230
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 26, 2017
Accepted (ET)
Jan 5, 2018 · 10:15 am 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 26, 2017 | G | 875 | $0.00 | D | 231,785 | D | |
| Common Stock | Jan 3, 2018 | M | 10,000 | $21.70 | A | 241,785 | D | |
| Common StockF1,F2 | Jan 3, 2018 | S | 20,000 | $49.8292 | D | 221,785 | D | |
| Common Stock | holding | — | — | — | 1,547 | 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)F3 | $21.70 | Jan 3, 2018 | M | 10,000 | D | Dec 20, 2009 | Dec 20, 2018 | Common Stock | 10,000 | 7,500 | 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 $49.75 to $49.94.
- F3Exercisable 25% on each December 20, 2009, 2010, 2011 and 2012.