Richard W. Rodier - Mar 25, 2022 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Construction & RLC
Signature
/s/ Timothy C. Quist, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Mar 25, 2022
Transactions value $
-$233,719
Form type
4
Date filed
3/28/2022, 05:10 PM
Previous filing
Dec 17, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $75.7K +3.6K +17.51% $21.03 24.2K Mar 25, 2022 Direct
transaction TTC Common Stock Sale -$309K -3.6K -14.9% $85.95 20.6K Mar 25, 2022 Direct F1
holding TTC Common Stock 2.8K Mar 25, 2022 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 6.08K Mar 25, 2022 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 Non-Qualified Stock Option Options Exercise $0 -3.6K -100% $0.00* 0 Mar 25, 2022 Common Stock 3.6K $21.03 Direct F4
* 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 $85.920 to $85.980, 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 Includes 8.435 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 18.703 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 option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 11, 2012.