Richard W. Rodier - 15 Jun 2022 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Construction & RLC
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
15 Jun 2022
Net transactions value
-$198,200
Form type
4
Filing time
17 Jun 2022, 10:26:55 UTC
Previous filing
20 May 2022
Next filing
14 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $119,000 +4,000 +17% $29.75 27,696 15 Jun 2022 Direct
transaction TTC Common Stock Sale $317,200 -4,000 -14% $79.30 23,696 15 Jun 2022 Direct F1
transaction TTC Common Stock Gift $0 -1,370 -5.8% $0.000000 22,326 15 Jun 2022 Direct
holding TTC Common Stock 2,806 15 Jun 2022 The Toro Company Retirement Plan
holding TTC Performance Share Units 6,098 15 Jun 2022 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 -4,000 -67% $0.000000 2,000 15 Jun 2022 Common Stock 4,000 $29.75 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 $79.290 to $79.320, 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 6, 2013.