TORO CO — Director's Dealing 2020

May 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2020-05-19

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-19	Non-Qualified Stock Option	$65.77	A	25300	Acquired	2030-05-19	Common Stock (25300)	Direct
2020-05-19	Restricted Stock Units	$	A	1600	Acquired		Common Stock (1600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23565	Direct
Common Stock	2741.769	Indirect
Performance Share Units	4871.105	Direct

Footnotes

F1: Includes 18.735 net shares of common stock acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan, less quarterly non-discretionary administrative fees.

F2: Includes 33.522 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.

F3: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.

F4: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F5: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the date of grant.

F6: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the date of grant.