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TORO CO Director's Dealing 2010

Dec 9, 2010

30737_dirs_2010-12-09_f083ff88-4022-4fa9-bc01-ddfdfb786d22.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2010-12-08

Reporting Person: Altmaier Judy L (VP, Operations)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-08 Stock Option $63.52 A 6100 Acquired 2020-12-08 Common Stock (6100) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4820.278 Direct

Footnotes

F1: Includes 4,752 shares of restricted stock awarded to the reporting person as an inducement grant under the terms of her employment and exempted from a shareholder approved plan as provided for under NYSE Rule 303A.0, and 68.278 shares acquired under The Toro Company Dividend Reinvestment Plan since the date of her last report. The restricted stock and related dividends vest in full on the third anniversary of the date of grant, which was October 19, 2009.

F2: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.