SEC Form 4 · accession 0001127602-15-033610
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amy E Dahl
Officer — VP, Human Resources
Period of report
Dec 7, 2015
Accepted (ET)
Dec 9, 2015 · 4:46 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 | Dec 7, 2015 | M | 39 | $0.00 | A | 607 | D | |
| Common Stock | Dec 7, 2015 | F | 13 | $77.38 | D | 594 | D | |
| Common Stock | Dec 7, 2015 | M | 39 | $0.00 | A | 633 | D | |
| Common Stock | Dec 7, 2015 | F | 14 | $77.38 | D | 619 | D | |
| Common Stock | holding | — | — | — | 1,413 | I | The Toro Company Investment, Savings & ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 7, 2015 | M | 39 | D | — | — | Common Stock | 39 | 78 | D |
| Restricted Stock UnitsF1,F3 | — | Dec 7, 2015 | M | 39 | D | — | — | Common Stock | 39 | 40 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Toro common stock.
- F2The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on December 5, 2015, which is the first anniversary of the date of grant.
- F3The restricted stock units vest and become non-forfeitable in three equal annual installments commencing on December 6, 2014, which was the first anniversary of the date of grant.