Richard W. Rodier - Jun 22, 2021 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Construction & RLC
Signature
/s/ Angela D. Snavely, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Jun 22, 2021
Transactions value $
-$308,336
Form type
4
Date filed
6/24/2021, 04:13 PM
Previous filing
May 20, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Gift $0 -1.5K -7.15% $0.00 19.5K Jun 22, 2021 Direct
transaction TTC Common Stock Options Exercise $75.7K +3.6K +18.48% $21.03 23.1K Jun 22, 2021 Direct
transaction TTC Common Stock Sale -$384K -3.6K -15.6% $106.68 19.5K Jun 22, 2021 Direct F1
holding TTC Common Stock 2.77K Jun 22, 2021 The Toro Company Retirement Plan
holding TTC Performance Share Units 6.03K Jun 22, 2021 Direct

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 Non-Qualified Stock Option Options Exercise $0 -3.6K -50% $0.00 3.6K Jun 22, 2021 Common Stock 3.6K $21.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $106.66 to $106.72, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 11, 2012.