Katherine J. Harless - Nov 1, 2022 Form 4 Insider Report for TORO CO (TTC)

Role
Director
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Nov 1, 2022
Transactions value $
$0
Form type
4
Date filed
11/3/2022, 02:34 PM
Previous filing
Sep 23, 2022
Next filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Units Award $0 +939 +26.53% $0.00 4.48K Nov 1, 2022 Direct F1, F2
holding TTC Common Stock 53.4K Nov 1, 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 Award $0 +1.67K $0.00 1.67K Nov 1, 2022 Common Stock 1.67K $105.12 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual common stock award for service as a non-employee director issued under The Toro Company 2022 Equity and Incentive Plan, (the "2022 Plan"). The reporting person has deferred the payout of her stock award under The Toro Company Deferred Compensation Plan for Non-Employee Directors (the "Deferred Plan") and, accordingly, the reporting person's stock award is paid in common stock units under the Deferred Plan.
F2 Includes 11.006 common stock units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of the Deferred Plan.
F3 Annual option grant for service as a non-employee director issued under the 2022 Plan.
F4 The option vests in three equal annual installments commencing on the first anniversary of the November 1, 2022 grant date.