Richard W. Rodier - 27 Mar 2023 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Construction
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
27 Mar 2023
Net transactions value
-$220,414
Form type
4
Filing time
28 Mar 2023, 13:46:22 UTC
Previous filing
10 Jan 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 $43,925 +1,400 +5.9% $31.38 25,137 27 Mar 2023 Direct
transaction TTC Common Stock Sale $152,291 -1,400 -5.6% $108.78 23,737 27 Mar 2023 Direct F1
transaction TTC Common Stock Options Exercise $62,112 +1,600 +6.7% $38.82 25,337 27 Mar 2023 Direct
transaction TTC Common Stock Sale $174,160 -1,600 -6.3% $108.85 23,737 27 Mar 2023 Direct
holding TTC Common Stock 2,834 27 Mar 2023 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 6,158 27 Mar 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 -1,400 -100% $0.000000* 0 27 Mar 2023 Common Stock 1,400 $31.38 Direct F4
transaction TTC Non-Qualified Stock Option Options Exercise $0 -1,600 -22% $0.000000 5,800 27 Mar 2023 Common Stock 1,600 $38.82 Direct F5
* 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 $108.760 to $108.782, 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 8.276 shares of common stock acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
F3 Includes 17.906 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 5, 2014 grant date.
F5 The option vested in three equal annual installments commencing on the first anniversary of the December 4, 2015 grant date.