SEC Form 4 · accession 0001127602-17-013945
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E Brown Jr.
Officer — Group VP, Res & Cont
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 4:30 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 | Mar 31, 2017 | M | 6,000 | $10.1825 | A | 192,937 | D | |
| Common Stock | Mar 31, 2017 | S | 6,000 | $62.46 | D | 186,937 | D | |
| Common StockF1 | holding | — | — | — | 120 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF2 | $10.1825 | Mar 31, 2017 | M | 6,000 | D | — | Dec 1, 2019 | Common Stock | 6,000 | 19,332 | D |
Explanation of responses
- F1Includes 50.743 shares of common stock acquired by the reporting person through issuer annual investment fund contributions to The Toro Company Investment, Savings & ESOP.
- F2The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.