TORO CO — Director's Dealing 2020

Jun 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2020-06-12

Reporting Person: Ellis Gary Lee (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-12	Common Stock	M	9244	$14.12	Acquired	38889	Direct
2020-06-12	Common Stock	S	9244	$68.0441	Disposed	29645	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-12	Non-Qualified Stock Option	$14.12	M	9244	Disposed	2020-11-01	Common Stock (9244)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Units	3837.037	Direct

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 $68.0200 to $68.1340, 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 26.383 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report.

F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2010.