TORO CO — Director's Dealing 2022

Nov 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2022-11-01

Reporting Person: HARLESS KATHERINE J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-01	Common Stock Units	A	939	—	Acquired	4478.792	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-01	Non-Qualified Stock Option	$105.12	A	1670	Acquired	2032-11-01	Common Stock (1670)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53364.042	Direct

Footnotes

F1: Annual common stock award for service as a non-employee director issued under The Toro Company 2022 Equity and Incentive Plan, (the "2022 Plan"). The reporting person has deferred the payout of her stock award under The Toro Company Deferred Compensation Plan for Non-Employee Directors (the "Deferred Plan") and, accordingly, the reporting person's stock award is paid in common stock units under the Deferred Plan.

F2: Includes 11.006 common stock units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of the Deferred Plan.

F3: Annual option grant for service as a non-employee director issued under the 2022 Plan.

F4: The option vests in three equal annual installments commencing on the first anniversary of the November 1, 2022 grant date.