SEC Form 4 · accession 0001127602-15-012350
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip A Burkart
Officer — VP, Irrig. & Lighting Business
Period of report
Mar 19, 2015
Accepted (ET)
Mar 23, 2015 · 6:00 pm EDT
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 | Mar 19, 2015 | M | 2,500 | $22.45 | A | 86,553 | D | |
| Common Stock | Mar 19, 2015 | S | 2,500 | $69.00 | D | 84,053 | D | |
| Common Stock | holding | — | — | — | 38,690 | I | The Toro Company Investment, Savings & ESOP | |
| Performance Share Units | holding | — | — | — | 16,984 | 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 OptionF1 | $22.45 | Mar 19, 2015 | M | 2,500 | D | — | Nov 30, 2016 | Common Stock | 2,500 | 5,200 | D |
Explanation of responses
- F1The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 30, 2006.