Joyce A. Mullen - Nov 1, 2021 Form 4 Insider Report for TORO CO (TTC)

Role
Director
Signature
/s/ Angela D. Snavely, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/3/2021, 09:34 AM
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Units Award $0 +717 +41.49% $0.00 2.45K Nov 1, 2021 Direct F1, F2

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 Award $0 +2.44K $0.00 2.44K Nov 1, 2021 Common Stock 2.44K $97.52 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual common stock award for service as a non-employee director issued under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated (the "Amended and Restated 2010 Plan"). The reporting person has deferred the payout of her stock award under The Toro Company Deferred Compensation Plan for Non-Employee Directors (the "Deferred Plan") and, accordingly, the reporting person's stock award is paid in common stock units under the Deferred Plan.
F2 Includes 17.086 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of her last report.
F3 Annual option grant for service as a non-employee director issued under the Amended and Restated 2010 Plan.
F4 The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2021.