SEC Form 4 · accession 0001127602-16-044905

TORO CO · TTC

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

Reporting owner

Director

Period of report

Mar 1, 2016

Accepted (ET)

Mar 3, 2016 · 6:23 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	Nature of ownership
Common Stock^F1	Mar 1, 2016	M	6,556	$21.30	A	13,017	D
Common Stock^F2	Mar 1, 2016	S	6,556	$80.239	D	6,461	D
Common Stock^F3	holding	—	—		—	26,858	I	Held by the Robert C Buhrmaster Grantor Retained Annuity Trust
Common Stock Units^F4	holding	—	—		—	8,827	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option^F5	$21.30	Mar 1, 2016	M	6,556	D	—	Nov 1, 2016	Common Stock	6,556	0	D

F1Includes 13.383 shares of common stock acquired by the reporting person under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan (a "DRIP") since the date of his last report.
F2The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $80.00 to $80.46, 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.
F3Includes 117.061 shares of common stock acquired by the reporting person under a DRIP since the date of his last report.
F4Includes 38.552 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.
F5The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2006.