SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MELROSE KENDRICK B

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

(Street)
BLOOMINGTON MN 55420-1196

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TORO CO [ TTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
ExecutiveChairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
01/09/2006
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/13/2005 G V 21,533 D $0 298,937 D
Common Stock 01/09/2006 M 16,040 A $6.2345 314,977 D
Common Stock 01/09/2006 M 11,892 A $8.4065 326,869 D
Common Stock 01/09/2006 M 11,828 A $8.453 338,697 D
Common Stock 01/09/2006 M 8,464 A $11.8125 347,161 D
Common Stock 01/09/2006 M 6,196 A $16.1375 353,357 D
Common Stock 01/09/2006 M 8,278 A $24.16 361,635 D
Common Stock 01/09/2006 F 15,205 D $46.02 346,430 D
Common Stock Units 77,838.0277 D
Matching Units 38,918.0721 D
Performance Share Units 727,013.5897 D
Common Stock 1,832 I By grandchildren
Common Stock 38,115.9007 I The Toro Company Investment, Savings & ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $6.2345 01/09/2006 M 16,040 11/18/1998 11/18/2008 Common Stock 16,040 $6.2344 177,960 D
Stock Option $8.4065 01/09/2006 M 11,892 12/05/2000 12/05/2010 Common Stock 11,892 $8.4063 192,108 D
Stock Option $8.453 01/09/2006 M 11,828 12/02/1999 12/02/2009 Common Stock 11,828 $8.4532 132,172 D
Stock Option $11.8125 01/09/2006 M 8,464 12/04/2001 12/04/2011 Common Stock 8,464 $11.8125 177,536 D
Stock Option $16.1375 01/09/2006 M 6,196 12/04/2002 12/04/2012 Common Stock 6,196 $16.1375 181,804 D
Stock Options (Right to buy) $24.16 01/09/2006 M 8,278 12/04/2005 12/04/2013 Common Stock 8,278 $24.16 105,722 D
Explanation of Responses:
N. Jeanne Ryan, Atty-In-Fact 01/11/2006
** 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 4 (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.