SEC Form 4 · accession 0001127602-16-056004
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
Jun 17, 2016
Accepted (ET)
Jun 21, 2016 · 5:40 pm EDT
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 | Jun 17, 2016 | M | 417 | $0.00 | A | 1,155 | D | |
| Common Stock | Jun 17, 2016 | F | 137 | $86.47 | D | 1,018 | D | |
| Common StockF1 | holding | — | — | — | 1,505 | 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 UnitsF2,F3 | — | Jun 17, 2016 | M | 417 | D | — | — | Common Stock | 417 | 0 | D |
Explanation of responses
- F1Includes the following shares of common stock acquired by the reporting person since the date of her last report: 17.183 shares acquired through regular individual and issuer matching contributions to The Toro Company Investment, Savings & ESOP (the "IS&ESOP"); 10.944 net shares acquired under the dividend reinvestment feature of the IS&ESOP less quarterly non-discretionary administrative fees; 62.645 shares acquired through issuer annual investment fund contributions to the IS&ESOP; and 0.845 shares acquired through an account true-up adjustment.
- F2Each restricted stock unit represents a contingent right to receive one share of Toro common stock.
- F3The restricted stock units vested and became non-forfeitable in full on June 17, 2016, which is the third anniversary of the date of grant.