SEC Form 4 · accession 0001127602-16-069442

TORO CO · TTC

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

Reporting owner

Officer — VP & GM, Commercial

Period of report

Dec 5, 2016

Accepted (ET)

Dec 7, 2016 · 5:36 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	Dec 5, 2016	M	78	$0.00	A	1,112	D
Common Stock	Dec 5, 2016	F	27	$52.75	D	1,085	D
Common Stock	Dec 6, 2016	M	209	$0.00	A	1,294	D
Common Stock	Dec 6, 2016	F	71	$54.52	D	1,223	D
Common Stock	Dec 6, 2016	M	71	$0.00	A	1,294	D
Common Stock	Dec 6, 2016	F	24	$54.52	D	1,270	D
Common Stock^F1	holding	—	—		—	769	I	The Toro Company Investment, Savings & ESOP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F3	—	Dec 5, 2016	M	78	D	—	—	Common Stock	78	80	D
Restricted Stock Units^F2,F4	—	Dec 6, 2016	M	209	D	—	—	Common Stock	209	0	D
Restricted Stock Units^F2,F5	—	Dec 6, 2016	M	71	D	—	—	Common Stock	71	0	D

F1Includes 2.419 shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP.
F2Each restricted stock unit represents a contingent right to receive one share of Toro common stock.
F3The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on December 5, 2015, which was the first anniversary of the date of grant.
F4The restricted stock units and related dividend equivalents vested and became non-forfeitable in full on December 6, 2016, which is the third anniversary of the date of grant.
F5The restricted stock units and related dividend equivalents vested and became non-forfeitable in three equal annual installments commencing on December 6, 2014, which was the first anniversary of the date of grant.