SEC Form 4 · accession 0001127602-15-030339
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher A Twomey
Director
Period of report
Nov 2, 2015
Accepted (ET)
Nov 4, 2015 · 5:29 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 | Nov 2, 2015 | A | 770 | $0.00 | A | 770 | D | |
| Common Stock | Nov 2, 2015 | G | 770 | $0.00 | D | 0 | D | |
| Common Stock | Nov 2, 2015 | G | 770 | $0.00 | A | 30,890 | I | Held by Christopher A. Twomey Revocable Trust |
| Common Stock UnitsF2 | holding | — | — | — | 4,732 | 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 OptionF3,F4 | $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 32.987 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.
- F3Annual option grant for service as a non-employee director issued under the Amended and Restated 2010 Plan.
- F4The option vests in three equal annual installments commencing on the first anniversary of the date of grant.