TORO CO — Director's Dealing 2018

Jun 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2018-06-28

Reporting Person: Redetzke Darren L (VP, International Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-28	Common Stock	M	5000	$14.1125	Acquired	13065	Direct
2018-06-28	Common Stock	S	5000	$60.00	Disposed	8065	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-28	Non-Qualified Stock Option	$14.1125	M	5000	Disposed	2021-12-07	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8208.56	Indirect
Common Stock	32828.753	Indirect
Performance Share Units	22476.887	Direct

Footnotes

F1: Includes 51.496 shares of common stock acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.

F2: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 204.172 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (the "IS&ESOP") less quarterly non-discretionary administrative fees; and 65.983 shares acquired through issuer annual investment fund contributions to the IS&ESOP.

F3: Includes 140.637 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 7, 2011.