0001127602-22-027211.txt : 20221209 0001127602-22-027211.hdr.sgml : 20221209 20221209170321 ACCESSION NUMBER: 0001127602-22-027211 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221208 FILED AS OF DATE: 20221209 DATE AS OF CHANGE: 20221209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Yearley Douglas C. Jr. CENTRAL INDEX KEY: 0001476755 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09186 FILM NUMBER: 221455502 MAIL ADDRESS: STREET 1: 250 GIBRALTAR ROAD CITY: HORSHAM STATE: PA ZIP: 19044 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Toll Brothers, Inc. CENTRAL INDEX KEY: 0000794170 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 232416878 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 1140 VIRGINIA DRIVE CITY: FORT WASHINGTON STATE: PA ZIP: 19034 BUSINESS PHONE: 2159388000 MAIL ADDRESS: STREET 1: 1140 VIRGINIA DRIVE CITY: FORT WASHINGTON STATE: PA ZIP: 19034 FORMER COMPANY: FORMER CONFORMED NAME: TOLL BROTHERS INC DATE OF NAME CHANGE: 19920703 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2022-12-08 0000794170 Toll Brothers, Inc. TOL 0001476755 Yearley Douglas C. Jr. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034 1 1 Chief Executive Officer Common Stock 2022-12-08 4 M 0 1359 32.22 A 161278 D Common Stock 2022-12-08 4 S 0 1359 49.8225 D 159919 D Common Stock 2022-12-09 4 A 0 34728 0 A 194647 D Common Stock 1547 I 401(k) Plan Common Stock 500 I Trust Common Stock 80500 I By SLAT Stock Options (Right to Buy) 32.22 2022-12-08 4 M 0 1359 0 D 2013-12-17 2022-12-17 Common Stock 1359 148641 D Performance Based Restricted Stock Units 0 2022-12-09 4 A 0 33887 0 A 2025-12-20 2025-12-25 Common Stock 33887 67774 D 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. Weighted-average sales price. Actual sale prices ranged from $49.82 to $49.84. Reflects the number of shares earned in respect of TSR-based performance restricted stock units originally granted on December 18, 2019. On December 9, 2022, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the applicable performance metric, which measured total shareholder return (TSR) of the Issuer over the three year period from November, 1 2019 to October 31, 2022 relative to the TSR of each of a peer group of companies. Settlement of the shares will occur on December 18, 2022. Vested 25% on 12/17/2013, 2014, 2015 and 2016. Exercisable as of vesting date. Reflects the number of shares earned in respect to operational performance restricted stock units originally granted December 20, 2021. On December 9, 2022, the Compensation Committee of the Board of Directors certified the achievement levels of the operational metrics applicable to the award and the number of shares earned based on such results. One quarter of the shares earned vest each anniversary of the grant date, with settlement of 100% of the award on the fourth anniversary. /s/ Michael J. Grubb, attorney-in-fact 2022-12-09