SEC Form 4 · accession 0001127602-16-043191

TORO CO · TTC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 22, 2016

Accepted (ET)

Feb 24, 2016 · 5:12 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000737758

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Feb 22, 2016	M	5,024	$26.48	A	32,972	D
Common Stock	Feb 22, 2016	S	5,024	$79.466	D	27,948	D
Common Stock	Feb 22, 2016	M	4,622	$28.24	A	32,570	D
Common Stock^F1	Feb 22, 2016	S	4,622	$79.486	D	27,948	D
Common Stock Units^F2	holding	—	—		—	2,716	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option^F3	$26.48	Feb 22, 2016	M	5,024	D	—	Nov 1, 2021	Common Stock	5,024	0	D
Non-Qualified Stock Option^F4	$28.24	Feb 22, 2016	M	4,622	D	—	Nov 1, 2020	Common Stock	4,622	0	D

F1The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $79.47 to $79.486, 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.
F2Includes 11.862 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report.
F3The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2011.
F4The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2010.