TORO CO — Director's Dealing 2019

Nov 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2019-11-01

Reporting Person: HARLESS KATHERINE J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-01	Common Stock Units	A	892	—	Acquired	5810.186	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-01	Non-Qualified Stock Option	$77.64	A	3521	Acquired	2029-11-01	Common Stock (3521)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	69026.683	Direct

Footnotes

F1: Annual common stock award for service as a non-employee director issued under The Toro Company 2010 Equity and Incentive Plan, as amended (the "2010 Plan"). The reporting person has deferred the payout of her stock award under The Toro Company Deferred Compensation Plan for Non-Employee Directors (the "Deferred Plan") and, accordingly, the reporting person's stock award is paid in common stock units under the Deferred Plan.

F2: Includes 46.796 common stock units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of the Deferred Plan.

F3: Includes 22.978 shares of common stock acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan.

F4: Annual option grant for service as a non-employee director issued under the Amended and Restated 2010 Plan.

F5: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.