Edric C. Funk - Nov 1, 2023 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Golf, Grounds & Irr
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Nov 1, 2023
Transactions value $
-$18,475
Form type
4
Date filed
11/3/2023, 04:33 PM
Previous filing
Sep 13, 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 $0 +743 +742.92% $0.00 843 Nov 1, 2023 Direct
transaction TTC Common Stock Tax liability -$18.5K -228 -27.05% $81.03 615 Nov 1, 2023 Direct
holding TTC Common Stock 2.91K Nov 1, 2023 The Toro Company Retirement Plan F1

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 -743 -33.32% $0.00 1.49K Nov 1, 2023 Common Stock 743 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 11.425 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 non-discretionary quarterly administrative fees.
F2 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F3 The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the November 1, 2022 grant date.