Richard W. Rodier - May 19, 2021 Form 4 Insider Report for TORO CO (TTC)

Signature
/s/ Angela D. Snavely, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
May 19, 2021
Transactions value $
-$18,247
Form type
4
Date filed
5/20/2021, 05:01 PM
Next filing
Jun 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise +539 +2.62% 21.1K May 19, 2021 Direct F1
transaction TTC Common Stock Tax liability -$18.2K -166 -0.79% $109.92 21K May 19, 2021 Direct
holding TTC Common Stock 2.77K May 19, 2021 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 6.03K May 19, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TTC Restricted Stock Units Options Exercise -539 -33.31% 1.08K May 19, 2021 Common Stock 539 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F2 Includes 6.369 net shares of common stock acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan, less quarterly non-discretionary administrative fees.
F3 Includes 13.854 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
F4 The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the date of grant.