1. Name and Address of Reporting Person
James , Randy B.
8111 Lyndale Avenue South
Bloomington, MN 55420-1196
USA
2. Issuer Name and Ticker or Trading Symbol
The Toro Company (TTC)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
04/16/2003
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
Vice President & Controller
7. 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 Acquired, Disposed of, or Beneficially Owned
+------------------------------+----------+----------+---------+--------------------------+--------------+-----------+------------+
|1. Title of Security |2. Trans- |2A.Execu- |3. Trans-|4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature |
| | action | action | action| or Disposed of (D) |Securities | ship | of In- |
| | Date | Date | Code | |Beneficially | Form: | direct |
| | | | | |Owned | Direct | Bene- |
| | (Month/ | (Month/ | | |Following | (D) or | ficial |
| | Day/ | Day/ +-----+---+-----------+---+----------+Reported | Indirect| Owner- |
| | Year) | Year) |Code |V |Amount |A/D|Price |Transaction(s)| (I) | ship |
+------------------------------+----------+----------+-----+---+-----------+---+----------+--------------+-----------+------------+
Common Stock 4664 D
Common Stock 0.001 I HELD BY
MATCHING
STOCK TRUSTEE
Common Stock 4985.338 I HELD BY ESOP
TRUSTEE
Common Stock 0 I CUST.ACCT.FOR
SON, MICHAEL
Common Stock 6037.248 I 401(k) PLAN
Common Stock 11644 I By trust for
spouse
Common Stock 4000 I By trust for
reporting
person
Common Stock Units 04/14/2003 J 9.71 A $36.0950 5850.702 D
Matching Units 04/14/2003 J 4.854 A $36.0950 2925.256 D
Performance Share Units 04/14/2003 J 29.934 A $36.0950 18037.474 D
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+----------+--------+-------+-------+---------+-----------+---------------------+----------------+----------+-------+-------+------+
|1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | | |Number |Owner- | |
| | | | | | | | | |of |ship | |
| | | | | | | | | |Deriv- |Form of| |
| | | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | | |of Underlying | |Secur- |ative |Nature|
| |Conver- |Trans- |Execu- | |Number of | |Securities | |ities |Secur- |of |
| |sion or |action |tion | |Derivative |Date Exercisable +-------+--------+ |Benefi-|ity: |In- |
| |Exercise|Date |Date | |Securities |and Expiration Date | |Amount | |cially |Direct |direct|
| |Price of| | |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |(Month/|(Month/|tion Code|Disposed(D)+----------+----------+ |Number |Price of | |In- |ficial|
|Derivative|ative | Day/ | Day/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative| |direct |Owner-|
|Security |Security|Year) |Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security | |(I) |ship |
+----------+--------+-------+-------+------+--+-----+-----+----------+----------+-------+--------+----------+-------+-------+------+
Stock $12.469 11/18/2008 Common 9800 D
Option Stock
Stock $15.813 12/31/2006 Common 12000 D
Option Stock
Stock $16.813 12/05/2010 Common 8000 D
Option Stock
Stock $16.906 12/02/2009 Common 7000 D
Option Stock
Stock $23.625 12/04/2011 Common 7200 D
Option Stock
Stock $32.275 12/04/2012 Common 6000 D
Option Stock
Explanation of Responses:
On April 14, 2003, the common stock of The Toro Company split 2-for-1, and the
reporting persons holdings and previously reported stock options reflect the
adjustments made as a result of the 2-for-1 stock split.
These are additional units credited pursuant to a dividend reinvestment feature
of The Toro Company Deferred Compensation Plan for Officers.
SIGNATURE OF REPORTING PERSON
/s/ N. Jeanne Ryan, Attorney-In-Fact
DATE
04/16/2003
