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4//SEC Filing

TORO CO 4

Accession 0001127602-15-033406

$TTCCIK 0000737758operating

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 5:20 PM ET

Size

9.7 KB

Accession

0001127602-15-033406

Insider Transaction Report

Form 4
Period: 2015-12-03
ALKIRE DAVID H
VP, RLC Businesses
Transactions
  • Tax Payment

    Common Stock

    2015-12-03$74.33/sh1,096$81,4664,605.223 total
  • Award

    Non-Qualified Stock Option

    2015-12-04+6,9006,900 total
    Exercise: $77.64Exp: 2025-12-04Common Stock (6,900 underlying)
  • Award

    Common Stock

    2015-12-03+3,2595,701.223 total
Holdings
  • Common Stock

    (indirect: The Toro Company Investment, Savings & ESOP)
    5,514.28
Footnotes (3)
  • [F1]Represents the payout of a Performance Share Award for the Fiscal 2013 to Fiscal 2015 Performance Period under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended, (the "Amended and Restated 2010 Plan") as approved by the registrant's Compensation & Human Resources Committee of its Board of Directors on December 1, 2015, and which was conditioned upon and subject to confirmation by the registrant's Fiscal 2015 financial results that were released on December 3, 2015. Performance Share Awards are paid in shares of common stock under the Amended and Restated 2010 Plan.
  • [F2]Includes 38.313 net shares 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.
  • [F3]The option vests in three equal annual installments commencing on the first anniversary of the date of grant.

Issuer

TORO CO

CIK 0000737758

Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0000737758

Filing Metadata

Form type
4
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 5:20 PM ET
Size
9.7 KB