CARL B. MARBACH - 08 Jun 2021 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Director
Signature
/s/Kathryn G. Flanagan,attorney-in-fact
Issuer symbol
TOL
Transactions as of
08 Jun 2021
Net transactions value
-$719,858
Form type
4
Filing time
09 Jun 2021, 16:01:44 UTC
Next filing
22 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Exercise of in-the-money or at-the-money derivative security $348,500 +17,000 +22% $20.50 94,430 08 Jun 2021 Direct
transaction TOL Common Stock Sale $1,068,358 -17,000 -18% $62.84 77,430 08 Jun 2021 Direct F1
holding TOL Common Stock 4,700 08 Jun 2021 Individual Retirement Account For Self
holding TOL Common Stock 4,700 08 Jun 2021 Individual Retirement Account For Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TOL Stock Options (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -17,000 -100% $0.000000* 0 08 Jun 2021 Common Stock 17,000 $20.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple lots at prices ranging from $62.81 to $62.93 inclusive. The reporting person will provide to Toll Brothers, Inc, any security holder of Toll Brothers, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Exercisable 50% on 12/20/2012 and 12/20/2013