Filing Details
- Accession Number:
- 0001127602-17-010183
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-03 16:33:55
- Reporting Period:
- 2017-03-01
- Filing Date:
- 2017-03-03
- Accepted Time:
- 2017-03-03 16:33:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 737758 | Toro Co | TTC | Lawn & Garden Tractors & Home Lawn & Gardens Equip (3524) | 410580470 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1167147 | J Michael Hoffman | 8111 Lyndale Avenue South Bloomington MN 55420-1196 | Chairman Of The Board | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-03-01 | 184,400 | $7.16 | 1,383,889 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-03-01 | 184,400 | $61.07 | 1,199,489 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-03-02 | 40,823 | $7.16 | 1,240,312 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-03-02 | 40,823 | $60.65 | 1,199,489 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option | Disposition | 2017-03-01 | 184,400 | $0.00 | 184,400 | $7.16 |
| Common Stock | Non-Qualified Stock Option | Disposition | 2017-03-02 | 40,823 | $0.00 | 40,823 | $7.16 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 184,400 | 2018-12-03 | No | 4 | M | Direct | |
| 143,577 | 2018-12-03 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 40 | Indirect | By Son |
| Common Stock | 253,182 | Indirect | Held by Michael J. Hoffman Irrevocable Lifetime Family Trust |
| Common Stock | 137,395 | Indirect | The Toro Company Investment, Savings & ESOP |
Footnotes
- 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 $60.92 to $61.34, 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 ranges set forth in footnotes (1) and (2) to this Form 4.
- 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 $60.50 to $61.07, inclusive.
- Includes 787.153 shares of common stock acquired by the reporting person under under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan since the date of his last report.
- Includes 426.658 net shares acquired by the reporting person under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP since the date of his last report, less quarterly non-discretionary administrative fees.
- The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 3, 2008.
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