Peter D. Moeller - Mar 1, 2024 Form 4 Insider Report for TORO CO (TTC)

Role
Group VP, Undg & Spec Construc
Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Mar 1, 2024
Transactions value $
$54,052
Form type
4
Date filed
3/5/2024, 03:18 PM
Previous filing
Jan 17, 2024
Next filing
Dec 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $84.3K +916 $92.05 916 Mar 1, 2024 Direct
transaction TTC Common Stock Tax liability -$30.3K -329 -35.91% $92.05 587 Mar 1, 2024 Direct
holding TTC Common Stock 4.84K Mar 1, 2024 Moeller Family Trust
holding TTC Common Stock 4.04K Mar 1, 2024 The Toro Company Retirement Plan
holding TTC Performance Share Units 1.78K Mar 1, 2024 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 -916 -33.6% $0.00 1.81K Mar 1, 2024 Common Stock 916 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of TTC common stock.
F2 The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on the first anniversary of the March 1, 2023 grant date.