Insider Trades - NOVICK STEPHEN A

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NOVICK STEPHEN A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Toll Brothers Inc. Common Stock Director NYSE:TOL (historical quotes, profile, SEC, other insiders)	4-Oct-12	1,400	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
4-Oct-12 20,000 TOL Option Exercise at $10.35 per share.
(Cost of $207,000)
4-Oct-12 20,000 TOL Sale at $34.52 per share.
(Proceeds of $690,400)
20-Dec-11 200 TOL Acquisition (Non Open Market) at $0 per share.

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
4-Oct-12	20,000	TOL	Option Exercise at $10.35 per share. (Cost of $207,000)
4-Oct-12	20,000	TOL	Sale at $34.52 per share. (Proceeds of $690,400)
20-Dec-11	200	TOL	Acquisition (Non Open Market) at $0 per share.