TORO CO — Director's Dealing 2017

Dec 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2017-12-05

Reporting Person: HAMILTON BRADLEY A (Group VP, Commercial & Intl)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-05	Common Stock	M	81.196	—	Acquired	1878.72	Direct
2017-12-05	Common Stock	F	28	$65.40	Disposed	1850.72	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-05	Restricted Stock Units	$	M	81.196	Disposed		Common Stock (81.196)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	843.742	Indirect

Footnotes

F1: Balance reflects 528 shares inadvertently omitted from the reporting person's prior Form 3 and Form 4 reports.

F2: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 9.122 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 65.429 shares acquired through issuer annual investment fund contributions to the IS&ESOP.

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

F4: The restricted stock units and related dividend equivalents vested and became non-forfeitable in three equal annual installments commencing on December 5, 2015, which was the first anniversary of the date of grant.