Jody M. Christy - 22 Mar 2023 Form 4 Insider Report for TORO CO (TTC)

Role: VP, BOSS
Signature: /s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol: TTC
Transactions as of: 22 Mar 2023
Net transactions value: -$178,453
Form type: 4
Filing time: 23 Mar 2023, 16:24:44 UTC
Previous filing: 23 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Common Stock	Options Exercise	$184,716	+3,267	+55%	$56.54	9,253	22 Mar 2023	Direct
transaction	TTC	Common Stock	Sale	$363,170	-3,267	-35%	$111.16	5,986	22 Mar 2023	Direct
holding	TTC	Common Stock						280	22 Mar 2023	The Toro Company Retirement Plan	F1
holding	TTC	Performance Share Units						2,471	22 Mar 2023	Direct	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	Non-Qualified Stock Option	Options Exercise	$0	-3,267	-100%	$0.000000^*	0	22 Mar 2023	Common Stock	3,267	$56.54	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Includes 0.813 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.
F2	Includes 4.883 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.
F3	The option vested in three equal annual installments commencing on the first anniversary of the December 9, 2016 grant date.