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/Year 3/2002 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- |3. Trans- |4. Securities Acquired (A) |5. Amount of |6. Owner- |7. Nature | | | action | action | or Disposed of (D) | Securities | ship | of In- | | | Date | Code | | Beneficially | Form: | direct | | | | | | Owned at | Direct | Bene- | | | (Month/ | | | End of | (D) or | ficial | | | Day/ +-------+-----+-----------+------+----------+ Month | Indirect| Owner- | | | Year) |Code |V |Amount |A/D |Price | | (I) | ship | +---------------------------------+----------+-------+-----+-----------+------+----------+----------------+-----------+------------+ Common Stock 03/08/2002 M 3607 A $43.5000 D Common Stock 03/08/2002 M 2298 A $43.5000 D Common Stock 03/08/2002 S -5800 D $56.9000 D Common Stock 03/08/2002 S -105 D $57.4000 2332 D Common Stock 0 I HELD BY MATCHING STOCK TRUSTEE Common Stock 2421.263 I HELD BY ESOP TRUSTEE Common Stock 0 I CUST.ACCT.FOR SON, MICHAEL Common Stock 2938.471 I 401(k) PLAN Common Stock 5822 I By trust for spouse Common Stock 2000 I By trust for reporting person Common Stock Units 2896.845D Matching Units 1448.377 D Performance Share Units 12/04/2001 A V 3009 A $0.0000 6851.032 D TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned +-------------+--------+----------+---------+-----------+---------------------+----------------+----------+--------+-------+-------+ |1. |2. |3. |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- | | |Number of | |Securities | |ities |Secur- |of | | |sion or | | |Derivative |Date Exercisable +-------+--------+ |Benefi- |ity: |In- | | |Exercise| | |Securities |and Expiration Date | |Amount | |cially |Direct |direct | | |Price of|Transac- |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- | |Title of |Deriv- |tion Date |tion Code|Disposed(D)+----------+----------+ |Number |Price of |at End |In- |ficial | |Derivative |ative |(Month/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative|of |direct |Owner- | |Security |Security|Day/Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security |Month |(I) |ship | +-------------+--------+----------+------+--+-----+-----+----------+----------+-------+--------+----------+--------+-------+-------+ Stock Option $43.5 03/08/2002 M 3607 11/25/1997 11/25/2002 Common 3607 $56.9000 D Stock Stock Option $43.5 03/08/2002 M 2298 11/25/1997 11/25/2002 Common 2298 $43.5000 0 D Stock Stock Option $47.25 12/04/2001 A V 3600 12/04/2001 12/04/2011 Common 3600 $47.2500 3600 D Stock Explanation of Responses: SIGNATURE OF REPORTING PERSON /s/ Randy B. James DATE 04/04/2002 Includes 7.494 Common Stock Units acquired 1/12/02 pursuant to a dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers. Includes 3.747 Matching Units acquired 1/12/02 acquired pursuant to a dividend reiinvestment feature of The Toro Company Deferred Compensation Plan for Officers. Includes 17.724 Performance Share Units acquired 1/12/02 pursuant to a dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers. Exempt transaction under Section 16b-3.