| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TOL | Common Stock | Options Exercise | $105K | +3K | +7.93% | $35.16 | 40.8K | Dec 3, 2021 | Direct | F1 |
| transaction | TOL | Common Stock | Sale | -$207K | -3K | -7.35% | $69.16 | 37.8K | Dec 3, 2021 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TOL | Performance Based Restricted Stock Units | Award | $0 | +12.5K | $0.00 | 12.5K | Dec 2, 2021 | Common Stock | 12.5K | $0.00 | Direct | F2, F3 | |
| transaction | TOL | Stock Options (Right to Buy) | Options Exercise | $0 | -3K | -9.09% | $0.00 | 30K | Dec 3, 2021 | Common Stock | 3K | $35.16 | Direct | F1, F4 |
| Id | Content |
|---|---|
| F1 | The transactions reported on this Form 4 were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in March, 2021. |
| F2 | Reflects the number of shares earned in respect to operational performance restricted stock units originally granted December 21, 2020. On December 2, 2021, the Compensation Committee of the Board of Directors certified the achievement levels of the operational metrics applicable to the award and the number of shares earned based on such results. One quarter of the shares earned vest each anniversary of the grant date, with settlement of 100% of the award on the fourth anniversary. |
| F3 | These performance based restricted stock units vest 25% on each of December 21, 2021, 2022, 2023 and 2024. Settlement of 100% of the earned shares is scheduled to occur on December 21, 2024. |
| F4 | Vesting 25% on 12/20/2014, 2015, 2016 and 2017. Exercisable as of vesting date. |