TORO CO — Director's Dealing 2018

Dec 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2018-12-18

Reporting Person: Rodier Richard W (VP, Commercial)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-18	Common Stock	M	4000	$10.1825	Acquired	30122	Direct
2018-12-18	Common Stock	S	4000	$57.098	Disposed	26122	Direct
2018-12-18	Common Stock	S	1727	$57.214	Disposed	24395	Direct
2018-12-18	Common Stock	S	2000	$57.446	Disposed	2626.824	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-18	Non-Qualified Stock Option	$10.1825	M	4000	Disposed	2019-12-01	Common Stock (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Performance Share Units	4773.048	Direct

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 $57.082 to $57.136, 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 footnotes (1) and (2) to this Form 4.

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 $57.202 to $57.252, inclusive.

F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.