Kevin N. Carpenter - Nov 30, 2021 Form 4 Insider Report for TORO CO (TTC)

Role
VP, Global Ops & Supply Chain
Signature
/s/ Angela D. Snavely, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Nov 30, 2021
Transactions value $
$0
Form type
4
Date filed
12/17/2021, 10:32 AM
Next filing
Dec 17, 2021

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 Award $0 +17.4K $0.00 17.4K Nov 30, 2021 Common Stock 17.4K Direct F1, F2, F3
* 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 The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on November 30, 2022, which is the first anniversary of the date of grant.
F3 The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on November 30, 2022, which is the first anniversary of the date of grant.

Remarks:

The original form 4 filed on December 2, 2021 was filed timely. However, TTC's CIK EDGAR code was used instead of the reporting person's CIK code, because the reporting person's CIK code had not yet been received. As a result, TTC's name appeared in box 1. This new form 4 has been filed using the reporting person's CIK EDGAR code.