Renee J. Peterson - 27 Dec 2022 Form 4 Insider Report for TORO CO (TTC)

Role
VP & CFO
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
27 Dec 2022
Net transactions value
-$1,847,425
Form type
4
Filing time
10 Jan 2023, 13:01:20 UTC
Previous filing
23 Dec 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Gift $0 -1,766 -100% $0.000000* 0 27 Dec 2022 Held by the Renee J. Peterson Grantor Retained Annuity Trust #3
transaction TTC Common Stock Options Exercise $970,500 +25,000 +163% $38.82 40,318 06 Jan 2023 Direct
transaction TTC Common Stock Sale $2,817,925 -25,000 -62% $112.72 15,318 06 Jan 2023 Direct F1
holding TTC Common Stock 12,472 27 Dec 2022 Held by the Renee J. Peterson Grantor Retained Annuity Trust #4
holding TTC Common Stock 26,460 27 Dec 2022 Held by the Renee J. Peterson Grantor Retained Annuity Trust #5
holding TTC Common Stock 743 27 Dec 2022 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 87,005 27 Dec 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 Options Exercise $0 -25,000 -63% $0.000000 14,400 06 Jan 2023 Common Stock 25,000 $38.82 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 $112.650 to $112.990, 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 an account adjustment of (0.011) shares since the date of her last report for quarterly non-discretionary administrative fees under The Toro Company Retirement Plan.
F3 The option vested in three equal annual installments commencing on the first anniversary of the December 4, 2015 grant date.