TORO CO — Director's Dealing 2021

Apr 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2021-04-01

Reporting Person: Drake Angela C (VP, Construction)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-01	Common Stock	M	647.517	—	Acquired	1066.017	Direct
2021-04-01	Common Stock	M	369.433	—	Acquired	1435.45	Direct
2021-04-01	Common Stock	F	225	$105.36	Disposed	1210.45	Direct
2021-04-01	Common Stock	F	106	$105.36	Disposed	1104.45	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-01	Restricted Stock Units	$	M	647.517	Disposed		Common Stock (647.517)	Direct
2021-04-01	Restricted Stock Units	$	M	369.433	Disposed		Common Stock (369.433)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.

F2: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on April 1, 2020, which is the first anniversary of the date of grant.

F3: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on April 1, 2021, which is the first anniversary of the date of grant.