TORO CO — Director's Dealing 2016

Jun 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2016-06-17

Reporting Person: DAHL AMY E (VP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-17	Common Stock	M	416.712	—	Acquired	1154.893	Direct
2016-06-17	Common Stock	F	137	$86.47	Disposed	1017.893	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-17	Restricted Stock Units	$	M	416.712	Disposed		Common Stock (416.712)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1504.526	Indirect

Footnotes

F1: Includes the following shares of common stock acquired by the reporting person since the date of her last report: 17.183 shares acquired through regular individual and issuer matching contributions to The Toro Company Investment, Savings & ESOP (the "IS&ESOP"); 10.944 net shares acquired under the dividend reinvestment feature of the IS&ESOP less quarterly non-discretionary administrative fees; 62.645 shares acquired through issuer annual investment fund contributions to the IS&ESOP; and 0.845 shares acquired through an account true-up adjustment.

F2: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F3: The restricted stock units vested and became non-forfeitable in full on June 17, 2016, which is the third anniversary of the date of grant.