Douglas C. Yearley Jr. - 01 Jun 2023 Form 4 Insider Report for Toll Brothers, Inc. (TOL)

Role
Chief Executive Officer, Director
Signature
/s/ Michael J. Grubb, attorney-in-fact
Issuer symbol
TOL
Transactions as of
01 Jun 2023
Transactions value $
-$3,378,165
Form type
4
Filing time
02 Jun 2023, 16:06:41 UTC
Previous filing
30 Jan 2023
Next filing
09 Jun 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 $2.64M +75K +30.42% $35.16 322K 01 Jun 2023 Direct
transaction TOL Common Stock Sale -$5.12M -75K -23.32% $68.32 247K 01 Jun 2023 Direct F1
transaction TOL Common Stock Options Exercise $879K +25K +10.14% $35.16 272K 02 Jun 2023 Direct
transaction TOL Common Stock Sale -$1.77M -25K -9.21% $70.80 247K 02 Jun 2023 Direct F2
holding TOL Common Stock 1.55K 01 Jun 2023 401(k) Plan
holding TOL Common Stock 500 01 Jun 2023 Trust
holding TOL Common Stock 80.5K 01 Jun 2023 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 -75K -47.17% $0.00 84K 01 Jun 2023 Common Stock 75K $35.16 Direct F3
transaction TOL Stock Options (Right to Buy) Options Exercise $0 -25K -29.76% $0.00 59K 02 Jun 2023 Common Stock 25K $35.16 Direct F3
* 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 $68.00 to $68.755. 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 $70.75 to $70.935. 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.