TORO CO — Director's Dealing 2017

Mar 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2017-03-01

Reporting Person: DAHL AMY E (VP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-01	Common Stock	M	2740	$7.155	Acquired	5039.256	Direct
2017-03-01	Common Stock	S	2740	$61.207	Disposed	2299.256	Direct
2017-03-01	Common Stock	M	2740	$7.155	Acquired	5039.256	Direct
2017-03-01	Common Stock	F	1189	$61.20	Disposed	3850.256	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-01	Non-Qualified Stock Option	$7.155	M	2740	Disposed	2018-12-03	Common Stock (2740)	Direct
2017-03-01	Non-Qualified Stock Option	$7.155	M	2740	Disposed	2018-12-03	Common Stock (2740)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3065.72	Indirect

Footnotes

F1: 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 $61.205 to $61.21, 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 within the range set forth in this footnote.

F2: Includes the following shares of common stock acquired by the reporting person since the date of her last report: 9.422 shares acquired through regular individual and issuer matching contributions to The Toro Company Investment, Savings & ESOP (the "IS&ESOP"); and 9.397 net shares acquired under the dividend reinvestment feature of the IS&ESOP less quarterly non-discretionary administrative fees.

F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 3, 2008.