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TORO CO Director's Dealing 2013

Dec 9, 2013

30737_dirs_2013-12-09_5b85ba13-51ab-4e89-a030-ac8ef5f8b375.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: 2013-12-06

Reporting Person: PETERSON RENEE J (VP, Treasurer & CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-12-06 Non-Qualified Stock Option $59.50 A 19400 Acquired 2023-12-06 Common Stock (19400) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 35866.2 Direct
Common Stock 80.719 Indirect

Footnotes

F1: Includes 38.469 shares acquired by the reporting person since the date of her last report under The Toro Company Dividend Reinvestment Plan (the "DRIP") on 15,383.39 shares of restricted stock and related DRIP shares. The restricted stock is an employment inducement grant awarded to the reporting person on August 22, 2011 (the "Inducement Grant"). The Inducement Grant vests in three equal installments on the first, second and third anniversaries of the date of grant. This total amount includes 20,444.341 shares of common stock and related dividend reinvestment shares held directly by the reporting person without restriction.

F2: Includes 0.202 shares of common stock acquired by the reporting person under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP since the date of her last report.

F3: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.