Toll Brothers awards performance-based stock to CEO

NEW YORK, Dec 19 (Reuters) - Toll Brothers Inc (TOL.N), the
largest U.S. luxury homebuilder, announced on Friday its board
approved awarding 200,000 shares of its common stock to Chief
Executive Robert Toll if the stock price is 30 percent higher
on average for any month-long stretch before late 2013.

Toll will be entitled to the shares if the company's stock
price is on average at least 30 percent above Friday's closing
price of $21.70 for any 20 consecutive trading days up to and
including Dec. 19, 2013, on the New York Stock Exchange,
according to a company filing with the U.S. Securities and
Exchange Commission.

more...http://www.reuters.com/article/marketsNews/idUSN1945882420081219