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
Transactions value $
-$2,102,229
Form type
4
Filing time
13 Dec 2022, 15:32:56 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 Tax liability -$689K -13.9K -7.16% $49.46 181K 09 Dec 2022 Direct
transaction TOL Common Stock Options Exercise $1.08M +33.5K +18.54% $32.22 214K 12 Dec 2022 Direct
transaction TOL Common Stock Sale -$1.66M -33.5K -15.64% $49.51 181K 12 Dec 2022 Direct F1, F2
transaction TOL Common Stock Options Exercise $1.34M +41.5K +22.96% $32.22 222K 13 Dec 2022 Direct
transaction TOL Common Stock Sale -$2.17M -41.5K -18.68% $52.31 181K 13 Dec 2022 Direct F1, F3
holding TOL Common Stock 1.55K 09 Dec 2022 401(k) Plan
holding TOL Common Stock 500 09 Dec 2022 Trust
holding TOL Common Stock 80.5K 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 -33.5K -44.67% $0.00 41.5K 12 Dec 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 13 Dec 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.