SEC Form 4 · accession 0001127602-18-037028
Toll Brothers, Inc. · TOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin P. Connor
Officer — Chief Financial Officer
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 10:22 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 StockF1 | Dec 19, 2018 | M | 25,985 | $0.00 | A | 81,308 | D | |
| Common Stock | Dec 19, 2018 | F | 12,804 | $32.32 | D | 68,504 | D |
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 19, 2018 | M | 25,985 | D | Dec 19, 2015 | Dec 19, 2018 | Common Stock | 25,985 | 0 | D |
| Stock Options (Right to Buy)F3 | $32.42 | Dec 20, 2018 | A | 33,350 | A | Dec 20, 2019 | Dec 20, 2028 | Common Stock | 33,350 | 33,350 | D |
Explanation of responses
- F1Performance requirement was met on December 10, 2015. Service requirement was met on December 19, 2018.
- F2The performance restricted stock units vest 25% on each December 19, 2015, 2016, 2017 and 2018.
- F3Exercisable 25% on December 20, 2019, 2020, 2021 AND 2022.