TORO CO — Director's Dealing 2014

Dec 15, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2014-12-11

Reporting Person: Svendsen Kurt D (VP, Information Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-11	Common Stock	M	51.255	—	Acquired	2918.408	Direct
2014-12-11	Common Stock	F	18	$61.68	Disposed	2900.408	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-11	Restricted Stock Units	$	M	51.255	Disposed		Common Stock (51.255)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4730.044	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F2: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on December 11, 2013, which was the first anniversary of the date of grant.