TORO CO — Director's Dealing 2014

Nov 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2014-11-03

Reporting Person: Ellis Gary Lee (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-03	Common Stock	A	835	—	Acquired	19502	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-03	Non-Qualified Stock Option	$61.72	A	2596	Acquired	2024-11-03	Common Stock (0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Units	1782.617	Direct

Footnotes

F1: Annual common stock award for service as a non-employee director issued under The Toro Company 2010 Equity and Incentive Plan, as amended (the "2010 Plan").

F2: Includes 23.084 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report.

F3: Annual option grant for service as a non-employee director issued under the 2010 Plan.

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

F5: The amount of underlying securities is 2,596.