Peter D. Moeller - Apr 1, 2022 Form 4 Insider Report for TORO CO (TTC)

Role: VP, International
Signature: /s/ Timothy C. Quist, Attorney-in-Fact
Stock symbol: TTC
Transactions as of: Apr 1, 2022
Transactions value $: -$24,653
Form type: 4
Date filed: 4/5/2022, 04:14 PM
Previous filing: Dec 17, 2021
Next filing: Dec 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Common Stock	Options Exercise	$0	+793	+21.78%	$0.00	4.43K	Apr 1, 2022	Direct
transaction	TTC	Common Stock	Tax liability	-$24.7K	-285	-6.43%	$86.50	4.15K	Apr 1, 2022	Direct	F1
holding	TTC	Common Stock						3.93K	Apr 1, 2022	The Toro Company Retirement Plan	F2

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	-793	-100%	$0.00^*	0	Apr 1, 2022	Common Stock	793		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Includes 11.207 shares acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.
F2	Includes 11.840 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less non-discretionary quarterly administrative fees.
F3	Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F4	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.