GREGORY S. JANEY - 11 Jan 2023 Form 4 Insider Report for TORO CO (TTC)

Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
11 Jan 2023
Net transactions value
-$139,463
Form type
4
Filing time
13 Jan 2023, 10:14:42 UTC
Previous filing
23 Dec 2022
Next filing
28 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $48,492 +1,630 +60% $29.75 4,338 11 Jan 2023 Direct
transaction TTC Common Stock Sale $187,955 -1,630 -38% $115.31 2,708 11 Jan 2023 Direct F1
holding TTC Common Stock 2,105 11 Jan 2023 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 2,654 11 Jan 2023 Direct F3

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 -1,630 -100% $0.000000* 0 11 Jan 2023 Common Stock 1,630 $29.75 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1.142 shares 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.
F2 Includes 6.130 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 quarterly non-discretionary administrative fees.
F3 Includes 4.156 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.
F4 The option vested in three equal annual installments commencing on the first anniversary of the December 6, 2013 grant date.