TORO CO — Director's Dealing 2018

Sep 28, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2018-09-26

Reporting Person: TWOMEY CHRISTOPHER A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-26	Common Stock	M	9244	$14.12	Acquired	9244	Direct
2018-09-26	Common Stock	S	9244	$60.009	Disposed	0	Direct
2018-09-26	Common Stock	M	10048	$13.24	Acquired	10048	Direct
2018-09-26	Common Stock	S	10048	$60.051	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-26	Non-Qualified Stock Option	$14.12	M	9244	Disposed	2020-11-01	Common Stock (9244)	Direct
2018-09-26	Non-Qualified Stock Option	$13.24	M	10048	Disposed	2021-11-01	Common Stock (10048)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57508	Indirect
Common Stock Units	9800.736	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 $60.00 to $60.08, 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 $60.00 to $60.26, inclusive.

F3: Includes 93.091 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2010.

F5: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2011.