SEC Form 4 · accession 0001127602-16-066062

TORO CO · TTC

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

Reporting owner

Director

Period of report

Nov 1, 2016

Accepted (ET)

Nov 3, 2016 · 4:41 pm EDT

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,F2	Nov 1, 2016	A	1,268	$0.00	A	41,812	D
Common Stock Units^F3	holding	—	—		—	3,670	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option^F4,F5	$47.17	Nov 1, 2016	A	4,951	A	—	Nov 1, 2026	Common Stock	4,951	4,951	D

F1Annual common stock award for service as a non-employee director issued under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended (the "Amended and Restated 2010 Plan").
F2On September 16, 2016, the common stock of the issuer split two-for-one (the "Stock Split"), resulting in the reporting person's ownership of 20,272 additional shares of common stock. All future Form 4 and 5 filings made by the reporting person will include adjustments, as necessary, to reflect the Stock Split.
F3Includes 36.093 post-split 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 and 1,816.955 additional common stock units acquired as a result of the Stock Split.
F4Annual option grant for service as a non-employee director issued under the Amended and Restated 2010 Plan.
F5The option vests in three equal annual installments commencing on the first anniversary of the date of grant.