1. Name and Address of Reporting Person Wolfe, Stephen P. 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) Chief Financial Officer & Vice 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 96.734 D Common Stock 6480.618 I HELD BY ESOP TRUSTEE Common Stock -0 I HELD BY MATCHING STOCK TRUSTEE Common Stock 6244.612 I 401(K) PLAN Common Stock 11008 I By trust for reporting person Common Stock Units 04/14/2003 J 19.104 A $36.0950 11512.278 D Matching Units 04/14/2003 J 9.554 A $36.0950 5756.128 D Performance Share Units 04/14/2003 J 84.99 A $36.0950 51213.068 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 26400 D Option Stock Stock $15.813 12/31/2006 Common 16000 D Option Stock Stock $16.813 12/05/2010 Common 27600 D Option Stock Stock $16.906 12/02/2009 Common 23000 D Option Stock Stock $23.625 12/04/2011 Common 24600 D Option Stock Stock $32.275 12/04/2012 Common 23000 D Option Stock Explanation of Responses: SIGNATURE OF REPORTING PERSON /s/ N. Jeanne Ryan DATE 04/16/2003 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.