SEC Form 4 · accession 0001127602-17-023070

TORO CO · TTC

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

Reporting owner

Officer — VP, Corporate Controller

Period of report

Jun 30, 2017

Accepted (ET)

Jul 5, 2017 · 6:05 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	Jun 30, 2017	M	6,600	$15.88	A	32,239	D
Common Stock	Jun 30, 2017	S	6,600	$69.037	D	25,639	D
Common Stock^F2	holding	—	—		—	159	I	The Toro Company Investment, Savings & ESOP
Performance Share Units^F3	holding	—	—		—	19,546	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option^F4	$15.88	Jun 30, 2017	M	6,600	D	—	Dec 8, 2020	Common Stock	6,600	0	D

F1Includes 29.047 shares of common stock acquired by the reporting person under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan since the date of his last report, less an account adjustment of 0.42 shares.
F2Includes the following shares of common stock acquired by the reporting person since the date of his last report: 0.731 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (the "IS&ESOP") less quarterly non-discretionary administrative fees; and 65.429 shares acquired through issuer annual investment fund contributions to the IS&ESOP.
F3Includes 115.046 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
F4The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2010.