TORO CO — Director's Dealing 2015

Jun 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2015-06-10

Reporting Person: Dordell Timothy P (VP, Secretary, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-10	Common Stock	M	6200	$22.45	Acquired	6369.32	Direct
2015-06-10	Common Stock	S	6200	$69.725	Disposed	169.32	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-10	Non-Qualified Stock Option	$22.45	M	6200	Disposed	2016-11-30	Common Stock (6200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	145.969	Indirect
Common Stock	117.514	Indirect
Performance Share Units	41672.984	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $69.56 to $69.97, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: Includes 0.532 shares of common stock acquired by the reporting person since the date of his last report under The Toro Company Dividend Reinvestment Plan.

F3: Includes 0.352 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP less quarterly non-discretionary administrative fees.

F4: Includes 151.692 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.

F5: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 30, 2006.