Martin P. Connor - 12 Jan 2023 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Chief Financial Officer
Signature
/s/ Michael J. Grubb, attorney-in-fact
Issuer symbol
TOL
Transactions as of
12 Jan 2023
Net transactions value
-$1,427,455
Form type
4
Filing time
13 Jan 2023, 15:43:07 UTC
Previous filing
26 Jan 2023
Next filing
30 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $1,054,800 +30,000 +96% $35.16 61,220 12 Jan 2023 Direct
transaction TOL Common Stock Sale $1,678,971 -30,000 -49% $55.97 31,220 12 Jan 2023 Direct F1
transaction TOL Common Stock Options Exercise $1,104,660 +34,000 +109% $32.49 65,220 13 Jan 2023 Direct
transaction TOL Common Stock Sale $1,907,944 -34,000 -52% $56.12 31,220 13 Jan 2023 Direct F2

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 -30,000 -100% $0.000000* 0 12 Jan 2023 Common Stock 30,000 $35.16 Direct F3
transaction TOL Stock Options (Right to Buy) Options Exercise $0 -34,000 -100% $0.000000* 0 13 Jan 2023 Common Stock 34,000 $32.49 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $55.83 to $56.14. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $56.00 to $56.26. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Vested 25% on 12/20/2014, 2015, 2016 and 2017. Exercisable as of the vesting date.
F4 Vested 25% on 12/19/2015, 2016, 2017 and 2018. Exercisable as of the vesting date.