TORO CO — Director's Dealing 2014

Dec 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2014-12-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-08	Common Stock	F	109	$62.62	Disposed	2867.153	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-05	Non-Qualified Stock Option	$62.75	A	2400	Acquired	2024-12-05	Common Stock (2400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4730.044	Indirect

Footnotes

F1: Represents shares of common stock withheld for the payment of taxes in connection with the vesting of 319.581 shares of restricted stock and related dividend reinvestment shares.

F2: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 34.178 shares acquired under a dividend reinvestment feature of the account in which the shares are held; and 4.141 shares acquired on 315.44 shares of restricted stock under The Toro Company Dividend Reinvestment Plan.

F3: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 60.562 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (IS&ESOP) less quarterly non-discretionary administrative fees; and 58.661 shares acquired through issuer annual investment fund contributions to the IS&ESOP.

F4: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.