TORO CO — Director's Dealing 2014

Jun 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2014-06-16

Reporting Person: Olson Richard M (Group VP, Intl, MIB & DD)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-16	Restricted Stock Units	$	A	2400	Acquired		Common Stock (2400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	344	Direct
Common Stock	7364.161	Indirect
Performance Share Units	3248.343	Direct

Footnotes

F1: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 45.455 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.

F2: Includes 20.343 performance share units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers since the date of his last report.

F3: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F4: The restricted stock units vest and become non-forfeitable in full on June 16, 2017, which is the third anniversary of the date of grant.