SEC Form 4 · accession 0001127602-15-027621
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Hoffman
Officer — Chairman & CEO · Director
Period of report
Jun 29, 2015
Accepted (ET)
Sep 24, 2015 · 5:23 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 StockF1 | Jun 29, 2015 | G | 20 | $0.00 | A | 20 | I | By Son |
| Common StockF2 | Sep 17, 2015 | G | 1,610 | $0.00 | D | 560,465 | D | |
| Common StockF3 | holding | — | — | — | 123,998 | I | Held by Michael J. Hoffman Irrevocable Lifetime Family Trust | |
| Common StockF4 | holding | — | — | — | 67,246 | I | The Toro Company Investment, Savings & ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction involved a gift of securities by a non-family member to the reporting person's son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.
- F2Includes 1,283.867 shares of common stock acquired by the reporting person under The Toro Company Dividend Reinvestment Plan (the "DRIP") since the date of his last report.
- F3Includes 451.223 shares of common stock acquired by the reporting person under the DRIP since the date of his last report.
- F4Includes 244.154 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP less quarterly non-discretionary administrative fees.