TOLL BROTHERS INC

Ticker: TOL CUSIP: 889478103 Class: COM

Kimelman & Baird, LLC's Holding History (CIK: 0001318103)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 21,050 Value ($000) $621 Avg Close $27.95 Range $23.75 - $33.39

Q4 2015

Shares 283,265 Value ($000) $9,433 Avg Close $35.68 Range $32.83 - $38.15

Q2 2015

Shares 310,280 Value ($000) $11,850 Avg Close $37.44 Range $35.03 - $40.33

Q1 2015

Shares 298,090 Value ($000) $11,727 Avg Close $36.54 Range $32.19 - $39.84

Q4 2014

Shares 298,690 Value ($000) $10,236 Avg Close $32.62 Range $28.92 - $35.48

Q3 2014

Shares 301,590 Value ($000) $9,398 Avg Close $34.26 Range $31.14 - $37.62

Q2 2014

Shares 345,640 Value ($000) $12,755 Avg Close $35.46 Range $33.26 - $37.89

Q1 2014

Shares 338,410 Value ($000) $12,149 Avg Close $36.82 Range $34.50 - $39.95

Q4 2013

Shares 310,900 Value ($000) $11,503 Avg Close $33.17 Range $29.64 - $37.26

Q3 2013

Shares 343,450 Value ($000) $11,138 Avg Close $32.34 Range $29.85 - $35.26

Q2 2013

Shares 340,850 Value ($000) $11,122 Avg Close $33.80 Range $29.87 - $39.25

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	21,050	$621	$27.95	$23.75 - $33.39
Q4 2015	283,265	$9,433	$35.68	$32.83 - $38.15
Q2 2015	310,280	$11,850	$37.44	$35.03 - $40.33
Q1 2015	298,090	$11,727	$36.54	$32.19 - $39.84
Q4 2014	298,690	$10,236	$32.62	$28.92 - $35.48
Q3 2014	301,590	$9,398	$34.26	$31.14 - $37.62
Q2 2014	345,640	$12,755	$35.46	$33.26 - $37.89
Q1 2014	338,410	$12,149	$36.82	$34.50 - $39.95
Q4 2013	310,900	$11,503	$33.17	$29.64 - $37.26
Q3 2013	343,450	$11,138	$32.34	$29.85 - $35.26
Q2 2013	340,850	$11,122	$33.80	$29.87 - $39.25