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TORO CO Director's Dealing 2019

Mar 20, 2019

30737_dirs_2019-03-20_9016195c-4371-40cc-9dae-68af9aae6718.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2019-03-19

Reporting Person: Rodier Richard W (VP, Commercial)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-03-19 Common Stock M 4000 $10.1825 Acquired 28395 Direct
2019-03-19 Common Stock S 4000 $68.45 Disposed 24395 Direct
2019-03-19 Common Stock M 2000 $15.88 Acquired 26395 Direct
2019-03-19 Common Stock S 2000 $68.45 Disposed 24395 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-03-19 Non-Qualified Stock Option $10.1825 M 4000 Disposed 2019-12-01 Common Stock (4000) Direct
2019-03-19 Non-Qualified Stock Option $15.88 M 2000 Disposed 2020-12-08 Common Stock (2000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2697.131 Indirect
Performance Share Units 4791.542 Direct

Footnotes

F1: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 10.034 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (the "IS&ESOP") less non-discretionary administrative fees; and 60.273 shares acquired through issuer annual investment fund contributions to the IS&ESOP.

F2: Includes 18.494 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of the Deferred Plan.

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

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2010.