Angela C. Drake - Apr 1, 2022 Form 4 Insider Report for TORO CO (TTC)

Role: VP, Construction
Signature: /s/ Timothy C. Quist, Attorney-in-Fact
Stock symbol: TTC
Transactions as of: Apr 1, 2022
Transactions value $: -$69,200
Form type: 4
Date filed: 4/5/2022, 04:09 PM
Previous filing: Dec 17, 2021
Next filing: Sep 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Common Stock	Options Exercise	$0	+655	+59.33%	$0.00	1.76K	Apr 1, 2022	Direct
transaction	TTC	Common Stock	Tax liability	-$16.5K	-191	-10.85%	$86.50	1.57K	Apr 1, 2022	Direct
transaction	TTC	Common Stock	Options Exercise	$0	+1.6K	+102.12%	$0.00	3.17K	Apr 1, 2022	Direct
transaction	TTC	Common Stock	Tax liability	-$43.3K	-500	-15.77%	$86.50	2.67K	Apr 1, 2022	Direct
transaction	TTC	Common Stock	Options Exercise	$0	+374	+14.01%	$0.00	3.04K	Apr 1, 2022	Direct
transaction	TTC	Common Stock	Tax liability	-$9.43K	-109	-3.58%	$86.50	2.94K	Apr 1, 2022	Direct
holding	TTC	Common Stock						1.01	Apr 1, 2022	The Toro Company Retirement Plan	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TTC	Restricted Stock Units	Options Exercise	$0	-655	-100%	$0.00^*	0	Apr 1, 2022	Common Stock	655		Direct	F2, F3
transaction	TTC	Restricted Stock Units	Options Exercise	$0	-1.6K	-100%	$0.00^*	0	Apr 1, 2022	Common Stock	1.6K		Direct	F2, F4
transaction	TTC	Restricted Stock Units	Options Exercise	$0	-374	-50%	$0.00	374	Apr 1, 2022	Common Stock	374		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes .003 shares acquired since the date of her last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
F2	Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3	The restricted stock units and related dividend equivalents vested and became non-forfeitable in three equal annual installments commencing on April 1, 2020, which was the first anniversary of the date of grant.
F4	The restricted stock units and related dividend equivalents vested and became non-forfeitable in full on April 1, 2022, which was the third anniversary of the date of grant.
F5	The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on April 1, 2021, which is the first anniversary of the date of grant.