Edric C. Funk - Dec 27, 2022 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Golf, Grounds & Irr
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Dec 27, 2022
Transactions value $
-$127,467
Form type
4
Date filed
12/29/2022, 10:06 AM
Previous filing
Dec 23, 2022
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Sale -$16.3K -143 -100% $114.23 0 Dec 27, 2022 Direct F1
transaction TTC Common Stock Options Exercise $113K +1.48K $76.53 1.48K Dec 27, 2022 Direct
transaction TTC Common Stock Sale -$168K -1.48K -100% $114.20 0 Dec 27, 2022 Direct
transaction TTC Common Stock Options Exercise $113K +1.48K $76.53 1.48K Dec 27, 2022 Direct
transaction TTC Common Stock Sale -$168K -1.48K -100% $114.22 0 Dec 27, 2022 Direct
holding TTC Common Stock 2.87K Dec 27, 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
transaction TTC Non-Qualified Stock Option Options Exercise $0 -1.48K -100% $0.00* 0 Dec 27, 2022 Common Stock 1.48K $76.53 Direct F2
transaction TTC Non-Qualified Stock Option Options Exercise $0 -1.48K -100% $0.00* 0 Dec 27, 2022 Common Stock 1.48K $76.53 Direct F3
* 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 $114.230 to $114.240, 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 The option vested in three equal annual installments commencing on the first anniversary of the December 19, 2019 grant date.
F3 The option vested in full on the third anniversary of the December 19, 2019 grant date.