TORO CO — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: BROWN WILLIAM E JR (Group VP, Res & Cont)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-03	Common Stock	M	10136	$7.155	Acquired	201128.352	Direct
2017-01-03	Common Stock	S	10136	$56.199	Disposed	190992.352	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-03	Non-Qualified Stock Option	$7.155	M	10136	Disposed	2018-12-03	Common Stock (10136)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	68.695	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 $55.81 to $56.54, 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 ranges set forth in this footnote.

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