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: Rodier Richard W (Group VP, Construction & RLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-08	Common Stock	M	3400	$15.88	Acquired	26965	Direct
2020-06-08	Common Stock	S	3400	$72.626	Disposed	23565	Direct
2020-06-08	Common Stock	M	1600	$14.1125	Acquired	25165	Direct
2020-06-08	Common Stock	S	1600	$72.757	Disposed	23565	Direct
2020-06-09	Common Stock	G	2380	—	Disposed	21185	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-08	Non-Qualified Stock Option	$15.88	M	3400	Disposed	2020-12-08	Common Stock (3400)	Direct
2020-06-08	Non-Qualified Stock Option	$14.1125	M	1600	Disposed	2021-12-07	Common Stock (1600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2741.769	Indirect
Performance Share Units	4871.105	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 $72.62 to $72.626, 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 price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $72.73 to $72.761, 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.

F3: The option vested in three equal annual installments commencing on the first 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.