| 4. Douglas C. Yearley, Jr, Toll Brothers | 2014 Salary | % Total |
| % Change Vs. 2013 | Breakdown ($) | Comp |
| 5.32% | ||
| Base salary | 1,000,000 | 9.93% |
| Bonus | 0 | 0.00% |
| Stock Awards | 3,516,000 | 34.91% |
| Options Awards | 3,016,230 | 29.95% |
| Non-Equity Incentive | 2,300,000 | 22.84% |
| Change in Pension Value | 198,902 | 1.97% |
| All Other Comp | 40,922 | 0.41% |
| TOTAL COMP | 10,072,054 |
- Yearley’s base salary was the same as in 2013.
- “The Compensation Committee recognized his continued efforts to enhance our brand, which were reflected in the Company being named “Builder of Year” by Builder magazine … “
- By exceeding the year’s performance goals, Yearley, merited a cash annual incentive bonus for fiscal 2014
performance of $2,300,000. Those performance metrics included:
A. Revenues in fiscal 2014 of $3.91 billion and home building deliveries of 5,397 units rose 46% in dollars and 29% in units compared to fiscal 2013.
B. Pre-tax income improved to $504.6 million in fiscal 2014, compared to pre-tax income of $267.7 million in fiscal 2013.
C. Gross margin for fiscal 2014 was 21.2%, compared to 20.2% for fiscal 2013. - Yearley also received 100,000 shares pf performance-based RSUs, with the target goals divided equally between pre-tax income, home-building margin, and units delivered at $35.16 a share, that accounted for $3,516,000
- Yearley earned an options award of $3,016,000.
