Angela C. Drake - Apr 3, 2023 Form 4 Insider Report for TORO CO (TTC)

Role
VP & CFO
Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Apr 3, 2023
Transactions value $
$27,248
Form type
4
Date filed
4/4/2023, 04:55 PM
Previous filing
Mar 14, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $41.6K +379 +12.92% $109.74 3.32K Apr 3, 2023 Direct
transaction TTC Common Stock Tax liability -$14.4K -131 -3.95% $109.74 3.18K Apr 3, 2023 Direct
holding TTC Common Stock 40.3 Apr 3, 2023 The Toro Company Retirement Plan F1
holding TTC Performance Share Units 720 Apr 3, 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 Restricted Stock Units Options Exercise $0 -379 -100% $0.00* 0 Apr 3, 2023 Common Stock 379 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes the following shares of common stock acquired by the reporting person since the date of her last report: 7.702 shares acquired through regular individual and issuer matching contributions and 31.588 shares acquired through issuer annual investment fund contributions to The Toro Company Retirement Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3 The restricted stock units and related dividend equivalents vested and became non-forfeitable in three equal annual installments commencing on the first anniversary of the April 1, 2020 grant date.