SEC Form 4 · accession 0001127602-18-027323

TORO CO · TTC

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

Reporting owner

Officer — Group VP, Commercial & Intl

Period of report

Sep 7, 2018

Accepted (ET)

Sep 11, 2018 · 2:24 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	Sep 7, 2018	M	6,060	$10.1825	A	7,911	D
Common Stock^F1	Sep 7, 2018	S	6,060	$62.743	D	1,851	D
Common Stock^F2	holding	—	—		—	918	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^F3	$10.1825	Sep 7, 2018	M	6,060	D	—	Dec 1, 2019	Common Stock	6,060	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 $62.742 to $62.75, 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 range set forth in this footnote.
F2Includes the following shares of common stock acquired by the reporting person since the date of his last report: 8.465 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 66.103 shares acquired through issuer annual investment fund contributions to and revenue credit allocations in the IS&ESOP.
F3The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.