GREGORY S. JANEY - 24 Mar 2023 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Landscapes & Contrac
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
24 Mar 2023
Net transactions value
-$127,163
Form type
4
Filing time
28 Mar 2023, 13:43:39 UTC
Previous filing
13 Jan 2023
Next filing
03 Nov 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 Options Exercise $48,492 +1,630 +60% $29.75 4,338 24 Mar 2023 Direct
transaction TTC Common Stock Sale $175,655 -1,630 -38% $107.76 2,708 24 Mar 2023 Direct F1
holding TTC Common Stock 2,105 24 Mar 2023 The Toro Company Retirement Plan
holding TTC Performance Share Units 2,654 24 Mar 2023 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 -1,630 -100% $0.000000* 0 24 Mar 2023 Common Stock 1,630 $29.75 Direct F2
* 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 $107.760 to $107.768, 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 full on the third anniversary of the December 6, 2013 grant date.