SEC Form 4 · accession 0001127602-15-034165
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 11, 2015
Accepted (ET)
Dec 15, 2015 · 5:52 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 11, 2015 | M | 46 | $0.00 | A | 665 | D | |
| Common Stock | Dec 11, 2015 | F | 16 | $75.60 | D | 649 | D | |
| Common Stock | Dec 11, 2015 | M | 135 | $0.00 | A | 784 | D | |
| Common Stock | Dec 11, 2015 | F | 46 | $75.60 | D | 738 | 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 11, 2015 | M | 46 | D | — | — | Common Stock | 46 | 0 | D |
| Restricted Stock UnitsF1,F3 | — | Dec 11, 2015 | M | 135 | D | — | — | Common Stock | 135 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Toro common stock.
- F2The restricted stock units vested and became non-forfeitable in three equal annual installments commencing on the first anniversary of the date of grant, which was December 11, 2012.
- F3The restricted stock units vested and became non-forfeitable in full on December 11, 2015, which is the third anniversary of the date of grant.