TORO CO — Director's Dealing 2020

Sep 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2020-09-08

Reporting Person: MOELLER PETER D (VP, Sitework Systems)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-08	Common Stock	M	1940	$31.375	Acquired	4284.638	Direct
2020-09-08	Common Stock	S	1940	$80.133	Disposed	2344.638	Direct
2020-09-08	Common Stock	M	1940	$31.375	Acquired	4284.638	Direct
2020-09-08	Common Stock	S	1940	$80.25	Disposed	2344.638	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-08	Non-Qualified Stock Option	$31.375	M	1940	Disposed	2024-12-05	Common Stock (1940)	Direct
2020-09-08	Non-Qualified Stock Option	$31.375	M	1940	Disposed	2024-12-05	Common Stock (1940)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4864.065	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 $80.22 to $80.276, 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 16.602 shares acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.

F3: Includes 37.131 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less non-discretionary quarterly administrative fees.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 5, 2014.

F5: The option vested in full on the third anniversary of the date of grant, which was December 5, 2014.