SEC Form 4 · accession 0001127602-18-009361
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Rodier
Officer — VP, Commercial
Period of report
Feb 28, 2018
Accepted (ET)
Mar 1, 2018 · 4:31 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 28, 2018 | M | 4,000 | $10.1825 | A | 32,122 | D | |
| Common Stock | Feb 28, 2018 | S | 4,000 | $64.671 | D | 28,122 | D | |
| Common Stock | Feb 28, 2018 | G | 2,000 | $0.00 | D | 26,122 | D | |
| Common StockF1 | holding | — | — | — | 7,515 | I | The Toro Company Investment, Savings & ESOP | |
| Performance Share UnitsF2 | holding | — | — | — | 2,155 | 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 OptionF3 | $10.1825 | Feb 28, 2018 | M | 4,000 | D | — | Dec 1, 2019 | Common Stock | 4,000 | 8,000 | D |
Explanation of responses
- F1Includes 22.707 net shares shares of common stock acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP less quarterly non-discretionary administrative fees.
- F2Includes 6.513 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
- F3The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.