X0303 4 2009-09-17 0000794170 TOLL BROTHERS INC TOL 0000922997 TOLL ROBERT I 250 GIBRALTAR ROAD HORSHAM PA 19044 1 1 1 Chief Executive Officer Common Stock 2009-09-17 4 S 0 198420 22.293 D 0 I Partnership Common Stock 2009-09-18 4 M 0 1500000 4.375 A 13398083 D Common Stock 2009-09-18 4 S 0 1500000 22.2032 D 11898083 D Common Stock 2706 I 401(k) Plan Common Stock 94044 I By Grat-expires June, 2010 Common Stock 2459973 I Entities Wholly Owned By Reporting Person Common Stock 90315 I Trusts Stock Options (Right to Buy) 4.375 2009-09-18 4 M 0 1500000 0 D 1999-12-20 2009-12-20 Common Stock 1500000 0 D The Reporting person will provide, upon request by SEC staff, the issuer or a security holder, the full information about the number of shares sold at each separate sales price. Weighted average sales price-actual sale prices ranged from $22.08-$22.44 Weighted average sales price -actual sale prices ranged from $22.00-$22.42. 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. /s/Kathryn G. Flanagan,attorney-in-fact 2009-09-21