SEC Form 4 · accession 0001127602-18-002003
Toll Brothers, Inc. · TOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul E Shapiro
Director
Period of report
Dec 22, 2017
Accepted (ET)
Jan 18, 2018 · 10:02 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 22, 2017 | G | 200 | $0.00 | D | 131,493 | D | |
| Common StockF1,F2 | Jan 16, 2018 | S | 25,000 | $51.54 | D | 106,493 | D | |
| Common Stock | Jan 17, 2018 | M | 2,029 | $0.00 | A | 108,522 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 17, 2018 | M | 2,029 | D | Dec 18, 2016 | Jan 17, 2018 | Common Stock | 2,029 | 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 $51.50-$51.61.
- F3Vesting 50% 12/18/2016 and 2017.
- F4Distribution of 100% of the shares will be 30 days following the second anniversary of the grant date.