Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Grubb Michael J.
 2. Date of Event Requiring Statement (Month/Day/Year)
01/26/2018		 3. Issuer Name and Ticker or Trading Symbol
TOLL BROTHERS INC [TOL]
(Last)
(First)
(Middle)
250 GIBRALTAR ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HORSHAM, PA 19044		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,039
D
 
Common Stock 175
I
401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) 12/17/2013 12/17/2022 Common Stock 1,250 $ 32.22 D  
Stock Options (Right to Buy) 12/18/2016(1) 12/18/2025 Common Stock 1,500 $ 32.85 D  
Stock Options (Right to Buy) 12/19/2015(2) 12/19/2024 Common Stock 1,375 $ 32.49 D  
Stock Options (Right to Buy) 12/20/2012 12/20/2021 Common Stock 1,000 $ 20.5 D  
Stock Options (Right to Buy) 12/20/2014 12/20/2023 Common Stock 1,375 $ 35.16 D  
Restricted Stock Units 01/05/2017(3) 01/05/2020 Common Stock 366 $ 0 D  
Restricted Stock Units 12/01/2018(4) 12/01/2021 Common Stock 837 $ 0 D  
Restricted Stock Units 01/05/2016(5) 01/05/2019 Common Stock 348 $ 0 D  
Restricted Stock Units 12/01/2017(6) 12/01/2020 Common Stock 1,076 $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Grubb Michael J.
250 GIBRALTAR ROAD
HORSHAM, PA 19044		       Chief Accounting Officer  

Signatures

/s/Kathryn G. Flanagan,attorney-in-fact 02/01/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 750 exercisable as of 1/26/2018. 375 exercisable on 12/18/2018 and 12/18/2019.
(2) 1,031 exercisable as of 1/26/2018. 344 exercisable on 12/19/2018.
(3) 183 vested as of 1/26/2018. 91 vest on 1/5/2019 and 1/5/2020.
(4) Vesting 25% on 12/1/2018, 2019, 2020 and 2021.
(5) 261 vested as of 1/26/2018. 87 vest 1/5/2019.
(6) 269 vested as of 1/26/2018. 269 vest on 12/1/2018, 2019 and 2020.

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