SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Svendsen Kurt D

(Last) (First) (Middle)
8111 LYNDALE AVENUE SOUTH

(Street)
BLOOMINGTON MN 55420

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/16/2013
3. Issuer Name and Ticker or Trading Symbol
TORO CO [ TTC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Information Services
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,004.609(1) D
Common Stock 4,599.317 I The Toro Company Investment, Savings & ESOP
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option 12/03/2009(2) 12/03/2018 Common Stock 3,150 $14.31 D
Non-Qualified Stock Option 12/01/2010(3) 12/01/2019 Common Stock 3,090 $20.37 D
Non-Qualified Stock Option 12/08/2011(4) 12/08/2020 Common Stock 1,670 $31.76 D
Non-Qualified Stock Option 12/07/2012(5) 12/07/2021 Common Stock 2,200 $28.23 D
Non-Qualified Stock Option 12/08/2013(6) 12/08/2020 Common Stock 1,670 $31.76 D
Non-Qualified Stock Option 12/11/2013(7) 12/11/2022 Common Stock 1,500 $42.06 D
Non-Qualified Stock Option 12/07/2014(8) 12/07/2021 Common Stock 2,200 $28.23 D
Non-Qualified Stock Option 12/11/2015(9) 12/11/2022 Common Stock 1,500 $42.06 D
Restricted Stock Unit (10) (10) Common Stock 151.139 (11) D
Restricted Stock Unit (12) (12) Common Stock 151.139 (11) D
Explanation of Responses:
1. Includes 628.367 shares of restricted stock, 217.38 shares of which vest in equal installments on each of the first, second and third anniversaries of the date of grant, and 410.987 shares of which vest in full on the third anniversary of the date of grant.
2. The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 3, 2008.
3. The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.
4. The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2010.
5. The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 7, 2011.
6. The option vests in full on the third anniversary of the date of grant, which was December 8, 2010.
7. The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 11, 2012.
8. The option vests in full on the third anniversary of the date of grant, which was December 7, 2011.
9. The option vests in full on the third anniversary of the date of grant, which was December 11, 2012.
10. The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on December 11, 2013, which is the first anniversary of the date of grant.
11. Each restricted stock unit represents a contingent right to receive one share of Toro common stock.
12. The restricted stock units vest and become non-forfeitable in full on December 11, 2015, which is the third anniversary of the date of grant.
/s/ Nancy A. McGrath, Attorney-in-Fact 07/23/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.