SEC Form 4 · accession 0001127602-16-070037

TORO CO · TTC

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

Reporting owner

Officer — VP, Global Operations

Period of report

Dec 12, 2016

Accepted (ET)

Dec 14, 2016 · 6:24 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	Dec 12, 2016	S	3,641	$55.339	D	0	D
Common Stock	Dec 12, 2016	M	7,000	$10.1825	A	7,000	D
Common Stock^F2	Dec 12, 2016	S	7,000	$55.334	D	0	D
Common Stock	Dec 14, 2016	S	331	$55.76	D	0	I	The Toro Company Investment, Savings & ESOP
Performance Share Units	holding	—	—		—	34,337	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option^F3	$10.1825	Dec 12, 2016	M	7,000	D	—	Dec 1, 2019	Common Stock	7,000	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 $55.334 to $55.353, 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 ranges set forth in footnotes (1) and (2) to this Form 4.
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 $55.31 to $55.38, inclusive.
F3The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.