TORO CO — Director's Dealing 2016

Apr 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2016-03-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-31	Common Stock	M	3150	$14.31	Acquired	6243.757	Direct
2016-03-31	Common Stock	S	3150	$86.333	Disposed	3093.757	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-31	Non-Qualified Stock Option	$14.31	M	3150	Disposed	2018-12-03	Common Stock (3150)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4925.548	Indirect

Footnotes

F1: Includes 12.854 shares of common stock acquired by the reporting person under a dividend reinvestment feature of the account in which the shares are held since the date of his last report.

F2: 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 $86.17 to $86.37, 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.

F3: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 21.172 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (the "IS&ESOP") less quarterly non-discretionary administrative fees; and 45.984 shares acquired through issuer annual investment fund contributions to the IS&ESOP.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 3, 2008.