TORO CO — Director's Dealing 2019

Mar 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2019-03-25

Reporting Person: Olson Richard M (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-25	Common Stock	M	7780	$10.1825	Acquired	12818.461	Direct
2019-03-25	Common Stock	F	3196	$68.01	Disposed	9622.461	Direct
2019-03-26	Common Stock	G	1716	—	Disposed	7906.461	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-25	Non-Qualified Stock Option	$10.1825	M	7780	Disposed	2019-12-01	Common Stock (7780)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16100.233	Indirect
Performance Share Units	46519.781	Direct

Footnotes

F1: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 61.701 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (the "IS&ESOP") less non-discretionary quarterly administrative fees; and 60.273 shares acquired through issuer annual investment fund contributions to the IS&ESOP.

F2: Includes 179.548 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.

F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.