Toll Brothers (TOL) Form 3 Toll Brothers / Robert Parahus ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Parahus Robert

(Last) (First) (Middle)

250 GIBRALTAR ROAD

(Street)

HORSHAM PA 19044

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/01/2019

3. Issuer Name and Ticker or Trading Symbol
Toll Brothers, Inc. [ TOL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP,Co-Chief Operating Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,130	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	12/17/2013	12/17/2022	Common Stock	3,750	32.22	D
Stock Options (Right to Buy)	12/18/2016(1)	12/18/2025	Common Stock	9,000	32.85	D
Stock Options (Right to Buy)	12/19/2015	12/19/2024	Common Stock	4,250	32.49	D
Stock Options (Right to Buy)	12/20/2012	12/20/2021	Common Stock	3,500	20.5	D
Stock Options (Right to Buy)	12/20/2014	12/20/2023	Common Stock	4,000	35.16	D
Restricted Stock Units	01/05/2017(2)	01/05/2020	Common Stock	2,284	0	D
Restricted Stock Units	12/01/2018(3)	12/01/2021	Common Stock	5,226	0	D
Restricted Stock Units	12/01/2017(4)	12/01/2020	Common Stock	8,922	0	D
Restricted Stock Units	12/01/2019(5)	12/01/2022	Common Stock	7,712	0	D

Explanation of Responses:

1. 6,750 exercisable as of 11/1/2019, an additional 2,250 will become exercisable on 12/18/2019.

2. 1,713 vested as of 11/1/2019, 571 vest on 1/5/2020.

3. 1,306 vested as of 11/1/2019, 1,307 vest on 12/1/2019, 1,306 vest on 12/1/2020 and 1,307 vest on 12/1/2021.

4. 4,461vested as of 11/1/2019, 2,230 vest on 12/1/2019 and 2,231 vest on 12/1/2020.

5. 25% vest on each 12/1/2019, 2020, 2021 and 2022.

	/s/Kathryn G. Flanagan,attorney-in-fact	11/07/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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