SEC Form 4 · accession 0001127602-18-037067
Toll Brothers, Inc. · TOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert I Toll
Officer — Executive Chairman · Director
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 12:20 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 Stock | Dec 19, 2018 | F | 60,563 | $32.32 | D | 3,138,229 | I | Robert I. Toll Revocable Trust |
| Common StockF1 | Dec 19, 2018 | M | 138,933 | $0.00 | A | 3,277,162 | I | Robert I. Toll Revocable Trust |
| Common Stock | holding | — | — | — | 7,508,323 | D | ||
| Common Stock | holding | — | — | — | 2,078 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 163,005 | I | Trusts |
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 | 138,933 | D | Dec 19, 2015 | Dec 19, 2018 | Common Stock | 138,933 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Dec 20, 2018 | A | 4,626 | A | Dec 20, 2019 | Dec 20, 2020 | Common Stock | 4,626 | 4,626 | D |
Explanation of responses
- F1The performance requirement was met on December 10, 2015. The service requirement was met on December 19,2018.
- F2The performance restricted stock units vest 25% on each December 19, 2015, 2016, 2017 and 2018.
- F3Vest 50% on 12/20/2019 and 2020. 100% of the shares are distributable on 1/19/2021.