TORO CO — Director's Dealing 2017

Jun 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2017-06-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-29	Common Stock	M	3340	$15.88	Acquired	10549.861	Direct
2017-06-29	Common Stock	S	3340	$69.083	Disposed	7209.861	Direct
2017-06-29	Common Stock	M	3000	$21.03	Acquired	10209.861	Direct
2017-06-29	Common Stock	S	3000	$69.084	Disposed	7209.861	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-29	Non-Qualified Stock Option	$15.88	M	3340	Disposed	2020-12-08	Common Stock (3340)	Direct
2017-06-29	Non-Qualified Stock Option	$21.03	M	3000	Disposed	2022-12-11	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10072.392	Indirect

Footnotes

F1: Includes 42.294 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 $68.98 to $69.15, 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 with in the ranges set forth in footnotes (1) and (2) to this Form 4.

F3: 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 $69.01 to $69.141, inclusive.

F4: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 58.964 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.

F5: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2010.

F6: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 11, 2012.