TORO CO — Director's Dealing 2019

Jun 24, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2019-06-20

Reporting Person: DAHL AMY E (VP, HR & Distributor Devel.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-20	Common Stock	M	2900	$15.88	Acquired	14779.261	Direct
2019-06-20	Common Stock	S	2900	$68.873	Disposed	11879.261	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-20	Non-Qualified Stock Option	$15.88	M	2900	Disposed	2020-12-08	Common Stock (2900)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3510.085	Indirect

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 $68.73 to $69.15, 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 range set forth in this footnote.

F2: Includes the following shares of common stock acquired by the reporting person since the date of her last report: 27.456 shares acquired through regular individual and issuer matching contributions to The Toro Company Investment, Savings & ESOP (the "IS&ESOP"); 20.986 net shares acquired under the dividend reinvestment feature of the IS&ESOP less quarterly non-discretionary administrative fees; 81.834 shares acquired through issuer annual investment fund contributions to the IS&ESOP; and 1.032 shares acquired through an account true-up adjustment.

F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2010.