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 *   Yearley Douglas C. Jr. 2. Date of Event Requiring Statement (Month/Day/Year) 11/09/2009 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) Executive Vice President 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 106,930 D   Common Stock 1,547 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)	12/20/2000	12/20/2009	Common Stock	27,970	$ 4.375	D	Â
Stock Options (Right to Buy)	12/20/2001	12/20/2010	Common Stock	30,276	$ 9.6563	D	Â
Stock Options (Right to Buy)	12/20/2002	12/20/2011	Common Stock	56,297	$ 10.88	D	Â
Stock Options (Right to Buy)	12/20/2003	12/20/2012	Common Stock	29,250	$ 10.525	D	Â
Stock Options (Right to Buy)	12/20/2004	12/20/2013	Common Stock	31,306	$ 20.135	D	Â
Stock Options (Right to Buy)	12/20/2009(1)	12/20/2018	Common Stock	20,000	$ 21.7	D	Â
Restricted Stock Units	12/19/2009(2)	12/19/2012	Common Stock	1,153	$ 0	D	Â
Stock Options (Right to Buy)	12/20/2008(3)	12/20/2017	Common Stock	18,750	$ 20.76	D	Â
Stock Options (Right to Buy)	07/18/2008	12/20/2014	Common Stock	18,692	$ 18.92	D	Â
Stock Options (Right to Buy)	07/18/2008(4)	12/20/2015	Common Stock	9,651	$ 18.92	D	Â
Stock Options (Right to Buy)	07/18/2008(5)	12/20/2016	Common Stock	16,340	$ 18.92	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Yearley Douglas C. Jr. 250 GIBRALTAR ROAD HORSHAM, PA 19044	Â	Â	  Executive Vice President	Â

Signatures

/s/Kathryn G. Flanagan,attorney-in-fact		11/13/2009
**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)	Exercisable 25% on each December 20, 2009, 2010, 2011 and 2012.
(2)	Th restricted stock units vest 25% on each of December 19, 2009, 2010, 2011 and 2012. Vested shares will be delivered to the reporting person on or as soon as practicable after the date that is 30 days following December 19, 2012.
(3)	3750 vested as of 11/9/2009, 5,000 vest on 12/20/2009, 5000 on 12/20/2010 and 5,000 on 12/20/2011
(4)	7,077 vested as of 11/9/2009 and 2,574 vest on 12/20/2009
(5)	6,569 vested as of 11/9/2009, 4,357 vest on 12/20/2009, 4,357 vest on 12/20/2010 and 1,057 vest on 12/20/2011

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