GREGORY S. JANEY - 01 Nov 2023 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Landscapes & Contrac
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
01 Nov 2023
Net transactions value
-$18,475
Form type
4
Filing time
03 Nov 2023, 16:36:23 UTC
Previous filing
28 Mar 2023
Next filing
21 Dec 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 $0 +743 +27% $0.000000 3,455 01 Nov 2023 Direct F1
transaction TTC Common Stock Tax liability $18,475 -228 -6.6% $81.03 3,227 01 Nov 2023 Direct
holding TTC Common Stock 2,127 01 Nov 2023 The Toro Company Retirement Plan F2
holding TTC Performance Share Units 2,682 01 Nov 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 Restricted Stock Units Options Exercise $0 -743 -33% $0.000000 1,487 01 Nov 2023 Common Stock 743 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4.042 shares acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.
F2 Includes 21.934 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 quarterly non-discretionary administrative fees.
F3 Includes 27.707 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 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F5 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.