Douglas C. Yearley Jr. - Dec 9, 2022 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Chief Executive Officer, Director
Signature
/s/ Michael J. Grubb, attorney-in-fact
Stock symbol
TOL
Transactions as of
Dec 9, 2022
Transactions value $
-$2,102,229
Form type
4
Date filed
12/13/2022, 03:32 PM
Previous filing
Dec 9, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Tax liability -$689K -13.9K -7.16% $49.46 181K Dec 9, 2022 Direct
transaction TOL Common Stock Options Exercise $1.08M +33.5K +18.54% $32.22 214K Dec 12, 2022 Direct
transaction TOL Common Stock Sale -$1.66M -33.5K -15.64% $49.51 181K Dec 12, 2022 Direct F1, F2
transaction TOL Common Stock Options Exercise $1.34M +41.5K +22.96% $32.22 222K Dec 13, 2022 Direct
transaction TOL Common Stock Sale -$2.17M -41.5K -18.68% $52.31 181K Dec 13, 2022 Direct F1, F3
holding TOL Common Stock 1.55K Dec 9, 2022 401(k) Plan
holding TOL Common Stock 500 Dec 9, 2022 Trust
holding TOL Common Stock 80.5K Dec 9, 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 -33.5K -44.67% $0.00 41.5K Dec 12, 2022 Common Stock 33.5K $32.22 Direct F4
transaction TOL Stock Options (Right to Buy) Options Exercise $0 -41.5K -100% $0.00* 0 Dec 13, 2022 Common Stock 41.5K $32.22 Direct F4
* 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 $49.50 to $49.525.
F3 Weighted average sales price. Actual sale prices ranged from $51.80 to $52.72.
F4 Vested 25% on 12/17/2013, 2014, 2015 and 2016. Exercisable as of vesting date.