SEC Form 4 · accession 0001127602-17-009293

TORO CO · TTC

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

Reporting owner

Officer — Group VP, Res & Cont

Period of report

Feb 27, 2017

Accepted (ET)

Mar 1, 2017 · 4:51 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	Feb 27, 2017	S	4,055	$60.434	D	186,937	D
Common Stock	Feb 27, 2017	M	12,668	$10.1825	A	199,605	D
Common Stock^F2	Feb 27, 2017	S	12,668	$60.43	D	186,937	D
Common Stock^F3	holding	—	—		—	69	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
Non-Qualified Stock Option^F4	$10.1825	Feb 27, 2017	M	12,668	D	—	Dec 1, 2019	Common Stock	12,668	25,332	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 $60.372 to $60.54, 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 $60.35 to $60.55, inclusive.
F3Includes 0.213 net 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 less quarterly non-discretionary administrative fees.
F4The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.