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: JANEY GREGORY S (VP, RLC)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1764.941	Direct
Common Stock	2022.997	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option	$15.63	2022-01-04	Common Stock (2500)		Direct
Non-Qualified Stock Option	$21.03	2022-12-11	Common Stock (2200)		Direct
Non-Qualified Stock Option	$21.03	2022-12-11	Common Stock (2200)		Direct
Non-Qualified Stock Option	$29.75	2023-12-06	Common Stock (1630)		Direct
Non-Qualified Stock Option	$29.75	2023-12-06	Common Stock (1630)		Direct
Non-Qualified Stock Option	$31.375	2024-12-05	Common Stock (1630)		Direct
Non-Qualified Stock Option	$31.375	2024-12-05	Common Stock (1630)		Direct
Non-Qualified Stock Option	$38.82	2025-12-04	Common Stock (1940)		Direct
Non-Qualified Stock Option	$38.82	2025-12-04	Common Stock (1940)		Direct
Non-Qualified Stock Option	$56.54	2026-12-09	Common Stock (1750)		Direct
Non-Qualified Stock Option	$56.54	2026-12-09	Common Stock (1750)		Direct
Non-Qualified Stock Option	$65.93	2027-12-08	Common Stock (6600)		Direct
Non-Qualified Stock Option	$58.53	2028-12-07	Common Stock (8100)		Direct
Restricted Stock Units	$		Common Stock (181.702)		Direct
Restricted Stock Units	$		Common Stock (61.258)		Direct

Footnotes

F1: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was January 4, 2012.

F2: The option vested in full on the third anniversary of the date of grant, which was December 11, 2012

F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 11, 2012.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 6, 2013.

F5: The option vested in full on the third anniversary of the date of grant, which was December 6, 2013

F6: The option vested in full on the third anniversary of the date of grant, which was December 5, 2024.

F7: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 5, 2014.

F8: The option vested in full on the third anniversary of the date of grant, which was December 4, 2015.

F9: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 4, 2015.

F10: The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 9, 2016.

F11: The option vests in full on the third anniversary of the date of grant, which was December 9, 2016.

F12: The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2017.

F13: The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 7, 2018.

F14: 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.

F15: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F16: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on December 9, 2017, which was the first anniversary of the date of grant.