Angela C. Drake - 03 Apr 2023 Form 4 Insider Report for TORO CO (TTC)

Role: VP & CFO
Signature: /s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol: TTC
Transactions as of: 03 Apr 2023
Net transactions value: +$27,248
Form type: 4
Filing time: 04 Apr 2023, 16:55:36 UTC
Previous filing: 14 Mar 2023
Next filing: 21 Dec 2023
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	$41,624	+379	+13%	$109.74	3,315	03 Apr 2023	Direct
transaction	TTC	Common Stock	Tax liability	$14,376	-131	-4%	$109.74	3,184	03 Apr 2023	Direct
holding	TTC	Common Stock						40	03 Apr 2023	The Toro Company Retirement Plan	F1
holding	TTC	Performance Share Units						720	03 Apr 2023	Direct

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	-379	-100%	$0.000000^*	0	03 Apr 2023	Common Stock	379		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Includes the following shares of common stock acquired by the reporting person since the date of her last report: 7.702 shares acquired through regular individual and issuer matching contributions and 31.588 shares acquired through issuer annual investment fund contributions to 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 the first anniversary of the April 1, 2020 grant date.