TORO CO — Director's Dealing 2017

Mar 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2017-03-15

Reporting Person: BURKART PHILIP A (VP, Irrig. & Lighting Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-15	Common Stock	G	185	—	Disposed	167391	Direct
2017-03-24	Common Stock	M	100	$7.155	Acquired	167491	Direct
2017-03-24	Common Stock	S	100	$61.50	Disposed	167391	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-24	Non-Qualified Stock Option	$7.155	M	100	Disposed	2018-12-03	Common Stock (100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	79730.938	Indirect
Performance Share Units	34933.098	Direct

Footnotes

F1: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 247.207 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.

F2: Includes 108.192 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: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 3, 2008.