Kurt D. Svendsen - Sep 30, 2022 Form 4 Insider Report for TORO CO (TTC)

Role
VP, Strat, Corp & Channel Dev
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Sep 30, 2022
Transactions value $
-$230,352
Form type
4
Date filed
10/3/2022, 03:39 PM
Previous filing
Dec 17, 2021
Next filing
Dec 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $119K +4K +37.83% $29.75 14.6K Sep 30, 2022 Direct
transaction TTC Common Stock Sale -$349K -4K -27.44% $87.34 10.6K Sep 30, 2022 Direct F1, F2
holding TTC Common Stock 10.9K Sep 30, 2022 The Toro Company Retirement Plan F3
holding TTC Performance Share Units 1.27K Sep 30, 2022 Direct F4

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 -4K -100% $0.00* 0 Sep 30, 2022 Common Stock 4K $29.75 Direct F5
* 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 $87.271 to $87.350, 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 110.116 shares of common stock acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.
F3 Includes 111.292 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less non-discretionary quarterly administrative fees.
F4 Includes 13.115 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.
F5 The option vests in three equal annual installments commencing on December 6, 2014, which is the first anniversary of the date of grant.