TORO CO — Director's Dealing 2016

Mar 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2016-03-12

Reporting Person: Olson Richard M (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-12	Common Stock	M	781.097	—	Acquired	1125.097	Direct
2016-03-14	Common Stock	F	267	$82.45	Disposed	858.097	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-12	Restricted Stock Units	$	M	781.097	Disposed		Common Stock (781.097)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7613.431	Indirect
Performance Share Units	9406.947	Direct

Footnotes

F1: Includes 32.888 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.

F2: Includes 41.028 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.

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

F4: The restricted stock units vested and became non-forfeitable in full on March 12, 2016, which was the third anniversary of the date of grant.