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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
794170	Toll Brothers Inc	TOL	Operative Builders (1531)	232416878

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
922997	I Robert Toll	250 Gibraltar Road Horsham PA 19044	Executive Chairman	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-12-19	235,623	$34.24	10,198,708	No	4	S	Direct
Common Stock	Disposition	2013-12-19	29,238	$0.00	709,350	No	5	G	Indirect	Entities Wholly Owned By Reporting Person
Common Stock	Acquisiton	2013-12-20	200,000	$0.00	10,398,708	No	4	M	Direct
Common Stock	Disposition	2013-12-20	92,180	$34.22	10,306,528	No	4	F	Direct
Common Stock	Disposition	2013-12-20	164,377	$34.41	10,142,151	No	4	S	Direct
Common Stock	Acquisiton	2013-12-23	11,550	$0.00	120,225	No	5	G	Indirect	Trusts
Common Stock	Disposition	2013-12-23	11,550	$0.00	10,130,601	No	5	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	5	G	Indirect	Entities Wholly Owned By Reporting Person
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	5	G	Indirect	Trusts
No	5	G	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options (Right to Buy)	Acquisiton	2013-12-20	100,000	$0.00	100,000	$35.16
Common Stock	Performance Based Restricted Stock Units	Disposition	2013-12-20	200,000	$0.00	200,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
100,000	2014-12-20	2023-12-20	No	4	A	Direct
0	2010-12-20	2015-12-20	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,527	Indirect	401(k) Plan
Common Stock	150,978	Indirect	GRAT-Expires April, 2014

Footnotes

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 $34.20 to $34.44.
Market Price Performance criteria was met on May 14, 2012. Service criteria met on 12/20/2013. See Footnote 6 below.
Weighted average sales price-actual sale prices ranged from $34.20 to $34.61.
Vesting 25% on 12/20/2014, 2015, 2016 and 2017. Exercisable as of vesting date.
Each performance based restricted stock unit represents a contingent right to receive one share of TOl common stock and will vest and the reporting person will be entitled to receive the underlying shares if the average closing price of TOL's common stcok on the NYSE, measured over twenty consecutive trading days ending on or prior to December 20, 2015, increases 30% or more over the closing price on the NYSE of Tol's common stock on the NYSE on December 20, 2010, provided the reporting person continues to be employed by the company or serves as a member of the company's Board of Directors through December 20, 2013.