Martin P. Connor - Jan 12, 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
Jan 12, 2023
Transactions value $
-$1,427,455
Form type
4
Date filed
1/13/2023, 03:43 PM
Previous filing
Jan 26, 2023
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOL Common Stock Options Exercise $1.05M +30K +96.09% $35.16 61.2K Jan 12, 2023 Direct
transaction TOL Common Stock Sale -$1.68M -30K -49% $55.97 31.2K Jan 12, 2023 Direct F1
transaction TOL Common Stock Options Exercise $1.1M +34K +108.9% $32.49 65.2K Jan 13, 2023 Direct
transaction TOL Common Stock Sale -$1.91M -34K -52.13% $56.12 31.2K Jan 13, 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 -30K -100% $0.00* 0 Jan 12, 2023 Common Stock 30K $35.16 Direct F3
transaction TOL Stock Options (Right to Buy) Options Exercise $0 -34K -100% $0.00* 0 Jan 13, 2023 Common Stock 34K $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.