4//SEC Filing
Parahus Robert 4
Accession 0001127602-24-029333
CIK 0000794170other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 4:04 PM ET
Size
9.3 KB
Accession
0001127602-24-029333
Insider Transaction Report
Form 4
Parahus Robert
President & COO
Transactions
- Award
Common Stock
2024-12-11+3,139→ 28,020 total - Tax Payment
Common Stock
2024-12-11$145.60/sh−1,367$199,035→ 26,653 total - Award
Performance Based Restricted Stock Units
2024-12-11+7,716→ 7,716 totalExercise: $0.00From: 2027-12-20Exp: 2027-12-20→ Common Stock (7,716 underlying)
Footnotes (3)
- [F1]Reflects the number of shares earned in respect of ROE-based performance restricted stock units originally granted on December 20, 2021. On December 5, 2024, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the applicable performance metrics, which measured return on equity (ROE) of the Issuer over the three-year period from November, 1 2021 to October 31, 2024. Settlement of the shares occurred on December 11, 2024.
- [F2]Reflects the number of shares earned in respect to operational performance restricted stock units originally granted December 20, 2023. On December 11, 2024, 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.
- [F3]These performance-based restricted stock units vest 25% on each of December 20, 2024, 2025, 2026 and 2027. Settlement of 100% of earned shares is scheduled to occur on December 20, 2027.
Documents
Issuer
Toll Brothers, Inc.
CIK 0000794170
Entity typeother
Related Parties
1- filerCIK 0001792406
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 4:04 PM ET
- Size
- 9.3 KB