TORO CO — Director's Dealing 2018

Dec 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2018-12-04

Reporting Person: Christy Jody M (Vice President, BOSS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-04	Common Stock	M	176.646	—	Acquired	2689.368	Direct
2018-12-04	Common Stock	F	51	$59.58	Disposed	2638.368	Direct
2018-12-04	Common Stock	M	60.267	—	Acquired	2698.635	Direct
2018-12-04	Common Stock	F	18	$59.58	Disposed	2680.635	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-04	Restricted Stock Units	$	M	176.646	Disposed		Common Stock (176.646)	Direct
2018-12-04	Restricted Stock Units	$	M	60.267	Disposed		Common Stock (60.267)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	205.476	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F2: The restricted stock units and related dividend equivalents vested and became non-forfeitable in full on December 4, 2018, which was the third anniversary of the date of grant.

F3: The restricted stock units and related dividend equivalents vested and became non-forfeitable in three equal annual installments commencing on December 4, 2016, which was the first anniversary of the date of grant.