SEC Form 4 · accession 0001127602-18-026640
TORO CO · TTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amy E Dahl
Officer — VP, HR & Distributor Devel.
Period of report
Aug 30, 2018
Accepted (ET)
Sep 4, 2018 · 3:06 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 | Aug 30, 2018 | M | 5,380 | $10.1825 | A | 11,614 | D | |
| Common Stock | Aug 30, 2018 | F | 1,140 | $60.79 | D | 10,474 | D | |
| Common StockF1 | Aug 30, 2018 | S | 2,690 | $60.758 | D | 7,784 | D | |
| Common StockF2 | holding | — | — | — | 3,367 | 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 OptionF3 | $10.1825 | Aug 30, 2018 | M | 5,380 | D | — | Dec 1, 2019 | Common Stock | 5,380 | 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 $60.75 to $60.79, 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.
- F2Includes the following shares of common stock acquired by the reporting person since the date of her last report: 18.963 shares acquired through regular individual and issuer matching contributions to and revenue credit allocations in The Toro Company Investment, Savings & ESOP (the "IS&ESOP"); and 10.784 net shares acquired under the dividend reinvestment feature of the IS&ESOP less quarterly non-discretionary administrative fees.
- F3The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.