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: Olson Richard M (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-09	Common Stock	M	13200	$15.88	Acquired	21106.461	Direct
2020-06-09	Common Stock	S	6057	$72.438	Disposed	15049.461	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-09	Non-Qualified Stock Option	$15.88	M	13200	Disposed	2020-12-08	Common Stock (13200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16365.858	Indirect
Performance Share Units	82320.306	Direct

Footnotes

F1: Shares were sold to cover the exercise price and tax withholding of the exercised options.

F2: Includes 111.549 shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of the The Toro Company Retirement Plan less quarterly non-discretionary administrative fees.

F3: Includes 566.521 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.

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