Gary L. Ellis - Mar 22, 2023 Form 4 Insider Report for TORO CO (TTC)

Role
Director
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Mar 22, 2023
Transactions value $
-$414,925
Form type
4
Date filed
3/24/2023, 02:48 PM
Previous filing
Jan 19, 2023
Next filing
Apr 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $149K +5.1K +15.9% $29.23 37.2K Mar 22, 2023 Direct
transaction TTC Common Stock Sale -$564K -5.1K -13.72% $110.52 32.1K Mar 22, 2023 Direct F1
holding TTC Common Stock Units 3.97K Mar 22, 2023 Direct F2

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 -5.1K -100% $0.00* 0 Mar 22, 2023 Common Stock 5.1K $29.23 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 $110.390 to $110.790, 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 11.535 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report.
F3 The option vested in three equal annual installments commencing on the first anniversary of the November 1, 2013 grant date.