SEC Form 4 · accession 0001127602-17-009311
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg W Steinhafel
Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 5:04 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 27, 2017 | G | 5,000 | $0.00 | D | 42,164 | D | |
| Common Stock | Feb 27, 2017 | M | 6,842 | $21.555 | A | 49,006 | D | |
| Common Stock | Feb 27, 2017 | F | 2,451 | $60.36 | D | 46,555 | D | |
| Common Stock | Feb 27, 2017 | M | 5,104 | $29.23 | A | 51,659 | D | |
| Common Stock | Feb 27, 2017 | F | 2,472 | $60.506 | D | 49,187 | D | |
| Common Stock UnitsF1 | holding | — | — | — | 5,503 | 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 | $21.555 | Feb 27, 2017 | M | 6,842 | D | — | Nov 1, 2022 | Common Stock | 6,842 | 0 | D |
| Non-Qualified Stock OptionF3 | $29.23 | Feb 27, 2017 | M | 5,104 | D | — | Nov 1, 2023 | Common Stock | 5,104 | 0 | D |
Explanation of responses
- F1Includes 17.019 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.
- F2The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2012.
- F3The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2013.