SEC Form 4 · accession 0001127602-16-044237
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Katherine Cooper
Director
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 5:25 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 | Feb 26, 2016 | M | 1,249 | $26.805 | A | 3,729 | D | |
| Common StockF1 | Feb 26, 2016 | S | 1,249 | $80.17 | D | 2,480 | D | |
| Common Stock | Feb 29, 2016 | M | 1,248 | $26.805 | A | 3,728 | D | |
| Common Stock | Feb 29, 2016 | S | 1,248 | $80.50 | D | 2,480 | D | |
| Common Stock | holding | — | — | — | 10,965 | I | By trust | |
| Common Stock Units | holding | — | — | — | 21,839 | 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 OptionF2 | $26.805 | Feb 26, 2016 | M | 1,249 | D | — | Nov 1, 2017 | Common Stock | 1,249 | 1,248 | D |
| Non-Qualified Stock OptionF2 | $26.805 | Feb 29, 2016 | M | 1,248 | D | — | Nov 1, 2017 | Common Stock | 1,248 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $79.95 to $80.50, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2007.