Dordell Timothy P 4

4 · TORO CO · Filed Aug 29, 2018

Form 4

Period: 2018-08-28

VP, Secretary, General Counsel

Transactions

Sale
Common Stock
2018-08-28$61.03/sh−125.259$7,645→ 0 total(indirect: The Toro Company Investment, Savings & ESOP)
Exercise/Conversion
Common Stock
2018-08-28$14.11/sh+44,800$632,240→ 44,800 total
Exercise/Conversion
Non-Qualified Stock Option
2018-08-28−44,800→ 0 total
Exercise: $14.11Exp: 2021-12-07→ Common Stock (44,800 underlying)
Sale
Common Stock
2018-08-28$61.02/sh−44,800$2,733,562→ 0 total

Holdings

Footnotes (5)

[F1]Includes the following shares of common stock acquired by the reporting person since the date of his last report: 0.988 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 62.678 shares acquired through issuer annual investment fund contributions to and revenue credit allocations in the IS&ESOP.
[F2]The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $61.00 to $61.10, 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.
[F3]Includes 2.878 shares of common stock acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan.
[F4]Includes 950.322 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.
[F5]The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 7, 2011.

Documents

1 file