X0202 4 2007-01-05 0000794170 TOLL BROTHERS INC TOL 0000922997 TOLL ROBERT I 250 GIBRALTAR ROAD HORSHAM PA 19044 1 1 1 0 Chief Executive Officer Common Stock 2006-12-29 5 G 0 E 735 0 D 16863147 D Common Stock 2007-01-05 4 A 0 96586 31.06 A 16959733 D Common Stock 2007-01-05 4 D 0 38634 31.06 D 16921099 D Common Stock 2586 I 401(k) Plan Common Stock 157011 I By GRAT-Expires October, 2007 Common Stock 12248 I By GRAT-Expires September, 2007 Common Stock 2790714 I Entities wholly owned by reporting person Common Stock 328420 I Partnership Common Stock 2006-12-29 5 G 0 E 735 0 A 58465 I Trusts Mr. Toll exchanged 38,634 shares of unrestricted stock (worth $1,199,972.04, based upon the closing of the Company's common stock on the New York Stock Exchange on January 5, 2007) and $1,799,989.12 of cash, both from his fiscal 2006 bonus, for 96,586 shares of restricted stock. The price per share of the restricted stock is $31.06, the closing price of the Company's common stock on the New York Stock Exchange on January 5, 2007. By a partnership of which trusts f/b/o the reporting person's children are the sole partners. The reporting person's spouse is co-trustee of such trusts. By trusts f/b/o the reporting person's children and grandchildren. The reporting person's spouse is a co-trustee of such trusts. This transaction involved a gift of securities by the reporting person to trusts f/b/o the reporting person's children and grandchildren. The reporting person's spouse is a co-trustee of such trusts. Kathryn G. Flanagan,Attorney-in-Fact 2007-01-09