Margeaux King - Aug 1, 2022 Form 4 Insider Report for TORO CO (TTC)

Role
VP, Human Resources
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/3/2022, 02:30 PM
Next filing
Dec 23, 2022

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 +12.3K 12.3K Aug 1, 2022 Common Stock 12.3K 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.