TORO CO — Director's Dealing 2017

Jun 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2017-06-13

Reporting Person: Redetzke Darren L (VP, International Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-13	Common Stock	M	3256	$14.1125	Acquired	8213	Direct
2017-06-13	Common Stock	S	3256	$71.00	Disposed	4957	Direct
2017-06-14	Common Stock	M	4744	$14.1125	Acquired	9701	Direct
2017-06-14	Common Stock	S	4744	$71.00	Disposed	4957	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-13	Non-Qualified Stock Option	$14.1125	M	3256	Disposed	2021-12-07	Common Stock (3256)	Direct
2017-06-14	Non-Qualified Stock Option	$14.1125	M	4744	Disposed	2021-12-07	Common Stock (4744)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8114.309	Indirect
Common Stock	32388.779	Indirect
Performance Share Units	22219.612	Direct

Footnotes

F1: Includes 47.517 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: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 190.404 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 130.783 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 7, 2011.