SEC Form 4 · accession 0001127602-15-030322
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Buhrmaster
Director
Period of report
Nov 2, 2015
Accepted (ET)
Nov 4, 2015 · 4:58 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 StockF1,F2 | Nov 2, 2015 | A | 770 | $0.00 | A | 26,741 | I | Held by the Robert C Buhrmaster Grantor Retained Annuity Trust |
| Common StockF3 | holding | — | — | — | 6,447 | D | ||
| Common Stock UnitsF4 | holding | — | — | — | 8,788 | 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 OptionF5,F6 | $75.34 | Nov 2, 2015 | A | 2,519 | A | — | Nov 2, 2025 | Common Stock | 2,519 | 2,519 | D |
Explanation of responses
- F1Annual common stock award for service as a non-employee director issued under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended (the "Amended and Restated 2010 Plan").
- F2Includes 181.362 shares of common stock acquired by the reporting person under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan (a "DRIP") since the date of his last report.
- F3Includes 126.471 shares of common stock acquired by the reporting person under a DRIP since the date of his last report.
- F4Includes 93.027 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.
- F5Annual option grant for service as a non-employee director issued under the Amended and Restated 2010 Plan.
- F6The option vests in three equal annual installments commencing on the first anniversary of the date of grant.