TORO CO — Director's Dealing 2020

Jun 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2020-06-09

Reporting Person: ETTINGER JEFFREY M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-09	Common Stock	M	9244	$14.12	Acquired	50683	Direct
2020-06-09	Common Stock	S	1796	$72.8344	Disposed	48887	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-09	Non-Qualified Stock Option	$14.12	M	9244	Disposed	2020-11-01	Common Stock (9244)	Direct

Footnotes

F1: Shares were sold to cover the exercise price and tax withholding for the exercised options. 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 $72.81 to $72.845, 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: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2010.