TORO CO — Director's Dealing 2021

Jun 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2021-06-16

Reporting Person: PETERSON RENEE J (VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-16	Common Stock	J	9294	—	Disposed	0	Indirect
2021-06-16	Common Stock	J	9294	$104.55	Acquired	34105.344	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23700	Indirect
Common Stock	729.262	Indirect
Performance Share Units	85408.541	Direct

Footnotes

F1: On June 16, 2021, the reporting person withdrew 9,294 shares of TTC common stock from the Renee J. Peterson Grantor Retained Annuity Trust #2 (GRAT #2) . In exchange for the shares, the reporting person contributed to GRAT #2 a cash payment of $104.55 per share. The withdrawal of shares from GRAT #2 resulted in a decrease in the number of shares the reporting person beneficially owns indirectly through GRAT #2 and a corresponding increase in the number of shares the reporting person beneficially owns directly. The withdrawal of shares from GRAT #2 constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

F2: Includes 3.545 net shares of common stock acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Retirement Plan, less quarterly non-discretionary administrative fees.

F3: Includes 418.937 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.