Renee J. Peterson - Mar 21, 2023 Form 4 Insider Report for TORO CO (TTC)

Signature
/s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol
TTC
Transactions as of
Mar 21, 2023
Transactions value $
-$1,674,260
Form type
4
Date filed
3/23/2023, 12:14 PM
Previous filing
Feb 17, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $559K +14.4K +94% $38.82 29.7K Mar 21, 2023 Direct
transaction TTC Common Stock Sale -$1.59M -14.4K -48.45% $110.09 15.3K Mar 21, 2023 Direct F1
transaction TTC Common Stock Options Exercise $684K +12.1K +78.99% $56.54 27.4K Mar 21, 2023 Direct
transaction TTC Common Stock Sale -$1.33M -12.1K -44.13% $110.10 15.3K Mar 21, 2023 Direct F2
holding TTC Common Stock 12.5K Mar 21, 2023 Held by the Renee J. Peterson Grantor Retained Annuity Trust #4
holding TTC Common Stock 26.5K Mar 21, 2023 Held by the Renee J. Peterson Grantor Retained Annuity Trust #5
holding TTC Common Stock 745 Mar 21, 2023 The Toro Company Retirement Plan F3
holding TTC Performance Share Units 87.3K Mar 21, 2023 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TTC Non-Qualified Stock Option Options Exercise $0 -14.4K -100% $0.00* 0 Mar 21, 2023 Common Stock 14.4K $38.82 Direct F5
transaction TTC Non-Qualified Stock Option Options Exercise $0 -12.1K -33.33% $0.00 24.2K Mar 21, 2023 Common Stock 12.1K $56.54 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $109.590 to $110.500, 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.
F2 The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $109.570 to $110.510, 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.
F3 Includes 2.175 shares of common stock acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Retirement Plan.
F4 Includes 253.724 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
F5 The option vested in three equal annual installments commencing on the first anniversary of the December 4, 2015 grant date.
F6 The option vested in three equal annual installments commencing on the first anniversary of the December 9, 2016 grant date.