Martin P. Connor - Jun 21, 2023 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Chief Financial Officer
Signature
/s/ Michael J. Grubb, attorney-in-fact
Stock symbol
TOL
Transactions as of
Jun 21, 2023
Transactions value $
-$641,585
Form type
4
Date filed
6/22/2023, 04:07 PM
Previous filing
Jun 2, 2023
Next filing
Jul 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $493K +15K +31.64% $32.85 62.4K Jun 21, 2023 Direct
transaction TOL Common Stock Sale -$1.13M -15K -24.03% $75.62 47.4K Jun 21, 2023 Direct F1

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 -15K -76.3% $0.00 4.66K Jun 21, 2023 Common Stock 15K $32.85 Direct F2
* 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 $75.45 to $75.825. 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 Vesting 25% on 12/18/2016, 2017, 2018 and 2019. Exercisable as of vesting date.