Margeaux King - 01 Aug 2022 Form 4 Insider Report for TORO CO (TTC)

Role
VP, Human Resources
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
01 Aug 2022
Net transactions value
$0
Form type
4
Filing time
03 Aug 2022, 14:30:55 UTC
Next filing
23 Dec 2022
SEC
View on sec.gov

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 +12,330 12,330 01 Aug 2022 Common Stock 12,330 Direct F1, F2
* 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 August 1, 2023, which is the first anniversary of the date of grant.