Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TTC | Performance Share Units | Award | $0 | +1.05K | +20% | $0.00 | 6.3K | Dec 18, 2024 | Direct | F1 |
holding | TTC | Common Stock | 3.59K | Dec 18, 2024 | Direct | ||||||
holding | TTC | Common Stock | 2.16K | Dec 18, 2024 | The Toro Company Retirement Plan |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | TTC | Restricted Stock Units | 756 | Dec 18, 2024 | Common Stock | 756 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Represents the payout of a Performance Share Award for the Fiscal 2022 to Fiscal 2024 Performance Period under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated, as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 10, 2024, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2024 financial results that were released on December 18, 2024. The reporting person has deferred the payout of his Performance Share Award under The Toro Company Deferred Compensation Plan for Officers (the "Deferred Plan"), and accordingly, the reporting person's Performance Share Award is paid in performance share units under the Deferred Plan. |
F2 | Each restricted stock unit represents a contingent right to receive one share of TTC common stock. |
F3 | The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the November 1, 2022 grant date. |