Douglas C. Yearley Jr. - 09 Dec 2022 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Signature
/s/ Michael J. Grubb, attorney-in-fact
Issuer symbol
TOL
Transactions as of
09 Dec 2022
Net transactions value
-$1,248,436
Form type
4
Filing time
12 Dec 2022, 16:18:43 UTC
Previous filing
09 Dec 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $2,372,713 +73,641 +38% $32.22 268,288 09 Dec 2022 Direct
transaction TOL Common Stock Sale $3,621,149 -73,641 -27% $49.17 194,647 09 Dec 2022 Direct F1, F2
holding TOL Common Stock 1,547 09 Dec 2022 401(k) Plan
holding TOL Common Stock 500 09 Dec 2022 Trust
holding TOL Common Stock 80,500 09 Dec 2022 By SLAT

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) Options Exercise $0 -73,641 -50% $0.000000 75,000 09 Dec 2022 Common Stock 73,641 $32.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 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.
F2 Weighted average sales price. Actual sale prices ranged from $49.00 to $49.33.
F3 Vested 25% on 12/17/2013, 2014, 2015 and 2016. Exercisable as of vesting date.