TORO CO — Director's Dealing 2020

Jun 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2020-06-08

Reporting Person: DAHL AMY E (VP, HR, Dist. Devel. & GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-08	Common Stock	M	2900	$15.88	Acquired	14779.261	Direct
2020-06-08	Common Stock	F	1321	$74.04	Disposed	13458.261	Direct
2020-06-08	Common Stock	M	3480	$14.1125	Acquired	16938.261	Direct
2020-06-08	Common Stock	F	1529	$74.08	Disposed	15409.261	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-08	Non-Qualified Stock Option	$15.88	M	2900	Disposed	2020-12-08	Common Stock (2900)	Direct
2020-06-08	Non-Qualified Stock Option	$14.1125	M	3480	Disposed	2021-12-07	Common Stock (3480)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3621.677	Indirect
Performance Share Units	4915.831	Direct

Footnotes

F1: Includes the following shares of common stock acquired by the reporting person since the date of her last report: 26.378 shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan (the "Plan"); 24.348 net shares acquired under the dividend reinvestment feature of the Plan less quarterly non-discretionary administrative fees; and 24.430 shares acquired through issuer annual investment fund contributions to the Plan.

F2: Includes 33.831 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.

F3: The option vested in full on the third anniversary of the date of grant, which was December 8, 2010.

F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 7, 2011.