Kevin L. Smith - Dec 13, 2022 Form 3 Insider Report for TORO CO (TTC)

Role
Vice President, Ditch Witch
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Dec 13, 2022
Transactions value $
$0
Form type
3
Date filed
12/20/2022, 01:17 PM
Next filing
Dec 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TTC Common Stock 1.48K Dec 13, 2022 Direct
holding TTC Common Stock 1.02 Dec 13, 2022 The Toro Company Retirement Plan

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
holding TTC Non-Qualified Stock Option Dec 13, 2022 Common Stock 3K $76.53 Direct F1
holding TTC Non-Qualified Stock Option Dec 13, 2022 Common Stock 6.3K $93.33 Direct F2
holding TTC Non-Qualified Stock Option Dec 13, 2022 Common Stock 4.6K $99.34 Direct F3
holding TTC Restricted Stock Units Dec 13, 2022 Common Stock 717 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested in three equal annual installments commencing on the first anniversary of the December 19, 2019 grant date.
F2 The option vests in three equal annual installments commencing on the first anniversary of the December 17, 2020 grant date.
F3 The option vests in three equal annual installments commencing on the first anniversary of the December 16, 2021 grant date.
F4 The restricted stock units and related dividend and equivalents vest and become non-forfeitable in full on the third anniversary of the November 2, 2020 grant date.
F5 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.