SEC Form 4 · accession 0001127602-15-008294
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg W Steinhafel
Director
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000737758
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 23, 2015 | M | 5,246 | $26.805 | A | 18,817 | D | |
| Common Stock | Feb 23, 2015 | F | 2,097 | $67.26 | D | 16,720 | D | |
| Common Stock | Feb 23, 2015 | M | 6,674 | $16.89 | A | 23,394 | D | |
| Common Stock | Feb 23, 2015 | F | 1,683 | $67.275 | D | 21,711 | D | |
| Common Stock | Feb 23, 2015 | M | 7,554 | $18.505 | A | 29,265 | D | |
| Common Stock | Feb 23, 2015 | F | 2,087 | $67.236 | D | 27,178 | D | |
| Common Stock UnitsF1 | holding | — | — | — | 2,675 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF2 | $26.805 | Feb 23, 2015 | M | 5,246 | D | — | Nov 1, 2017 | Common Stock | 5,246 | 0 | D |
| Non-Qualified Stock OptionF3 | $16.89 | Feb 23, 2015 | M | 6,674 | D | — | Nov 3, 2018 | Common Stock | 6,674 | 0 | D |
| Non-Qualified Stock OptionF4 | $18.505 | Feb 23, 2015 | M | 7,554 | D | — | Nov 2, 2019 | Common Stock | 7,554 | 0 | D |
Explanation of responses
- F1Includes 10.84 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report.
- F2The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2007.
- F3The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 3, 2008.
- F4The option vested in three equal annual installments commencing on the first anniversary of the date of grant. which was November 2, 2009.