TORO CO — Director's Dealing 2019

Dec 11, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2019-12-03

Reporting Person: MOELLER PETER D (VP, Sitework Systems)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1635.864	Direct
Common Stock	4812.437	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option	$31.375	2024-12-05	Common Stock (1940)		Direct
Non-Qualified Stock Option	$31.375	2024-12-05	Common Stock (1940)		Direct
Non-Qualified Stock Option	$38.82	2025-12-04	Common Stock (2230)		Direct
Non-Qualified Stock Option	$56.54	2026-12-09	Common Stock (2000)		Direct
Non-Qualified Stock Option	$56.54	2026-12-09	Common Stock (2000)		Direct
Non-Qualified Stock Option	$65.93	2027-12-08	Common Stock (4500)		Direct
Non-Qualified Stock Option	$58.53	2028-12-07	Common Stock (5400)		Direct
Restricted Stock Units	$		Common Stock (2314.929)		Direct
Restricted Stock Units	$		Common Stock (69.564)		Direct
Restricted Stock Units	$		Common Stock (207.661)		Direct

Footnotes

F1: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 5, 2014.

F2: The option vested in full on the third anniversary of the date of grant, which was December 5, 2014.

F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 4, 2015.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 9, 2016.

F5: The option vested in full on the third anniversary of the date of grant, which was December 9, 2016.

F6: The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2017.

F7: The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 7, 2018.

F8: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on April 1, 2020, which is the first anniversary of the date of grant.

F9: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F10: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on December 9, 2017, which is the first anniversary of the date of grant.

F11: The restricted stock units and related dividend equivalents vest and become non-forfeitable in full on December 9, 2019, which is the third anniversary of the date of grant.