TORO CO — Director's Dealing 2017

Jul 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2017-06-30

Reporting Person: Larson Thomas J (VP, Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-30	Common Stock	M	6600	$15.88	Acquired	32239.386	Direct
2017-06-30	Common Stock	S	6600	$69.037	Disposed	25639.386	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-30	Non-Qualified Stock Option	$15.88	M	6600	Disposed	2020-12-08	Common Stock (6600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	158.718	Indirect
Performance Share Units	19546.021	Direct

Footnotes

F1: Includes 29.047 shares of common stock acquired by the reporting person under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan since the date of his last report, less an account adjustment of 0.42 shares.

F2: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 0.731 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: Includes 115.046 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.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2010.