Amy E. Dahl - Mar 21, 2024 Form 4 Insider Report for TORO CO (TTC)

Signature
/s/ Joanna M. Totsky, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Mar 21, 2024
Transactions value $
-$82,603
Form type
4
Date filed
3/22/2024, 08:47 AM
Previous filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $70K +2.23K +11.92% $31.38 20.9K Mar 21, 2024 Direct
transaction TTC Common Stock Tax liability -$112K -1.24K -5.91% $90.54 19.7K Mar 21, 2024 Direct
transaction TTC Common Stock Options Exercise $70K +2.23K +11.32% $31.38 21.9K Mar 21, 2024 Direct
transaction TTC Common Stock Tax liability -$110K -1.22K -5.56% $90.54 20.7K Mar 21, 2024 Direct
holding TTC Common Stock 3.95K Mar 21, 2024 The Toro Company Retirement Plan F1
holding TTC Performance Share Units 16.1K Mar 21, 2024 Direct F2

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 -2.23K -100% $0.00* 0 Mar 21, 2024 Common Stock 2.23K $31.38 Direct F3
transaction TTC Non-Qualified Stock Option Options Exercise $0 -2.23K -100% $0.00* 0 Mar 21, 2024 Common Stock 2.23K $31.38 Direct F4
* 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: 9.481 shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan ("Retirement Plan"); and 15.571 net shares acquired under the dividend reinvestment feature of the Retirement Plan less quarterly non-discretionary administrative fees.
F2 Includes 63.437 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of the Deferred Plan.
F3 The option vests in full on the third anniversary of the date of grant, which was December 5, 2014.
F4 The option vests in three equal annual installments commencing on the first anniversary of the date of grant, which was December 5, 2014.