TORO CO — Director's Dealing 2023

Mar 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2023-03-21

Reporting Person: PETERSON RENEE J (VP, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-21	Common Stock	M	14400	$38.82	Acquired	29718.344	Direct
2023-03-21	Common Stock	S	14400	$110.087	Disposed	15318.344	Direct
2023-03-21	Common Stock	M	12100	$56.54	Acquired	27418.344	Direct
2023-03-21	Common Stock	S	12100	$110.095	Disposed	15318.344	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-21	Non-Qualified Stock Option	$38.82	M	14400	Disposed	2025-12-04	Common Stock (14400)	Direct
2023-03-21	Non-Qualified Stock Option	$56.54	M	12100	Disposed	2026-12-09	Common Stock (12100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12472	Indirect
Common Stock	26460	Indirect
Common Stock	744.905	Indirect
Performance Share Units	87258.533	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 $109.590 to $110.500, 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 $109.570 to $110.510, 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: Includes 2.175 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.

F4: Includes 253.724 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.

F5: The option vested in three equal annual installments commencing on the first anniversary of the December 4, 2015 grant date.

F6: The option vested in three equal annual installments commencing on the first anniversary of the December 9, 2016 grant date.