AI assistant
TORO CO — Director's Dealing 2010
Dec 9, 2010
30737_dirs_2010-12-09_f3916d6c-3059-41ca-a7c0-1403697001f2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2010-12-07
Reporting Person: Ramstad Peter M (VP, HR and Bus. Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-07 | Common Stock | A | 1409 | — | Acquired | 3705.678 | Direct |
| 2010-12-07 | Common Stock | F | 460 | $64.38 | Disposed | 3245.678 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-08 | Stock Option | $63.52 | A | 11500 | Acquired | 2020-12-08 | Common Stock (11500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 157.221 | Indirect |
Footnotes
F1: Represents payout of Performance Share Awards for the Fiscal 2008 to Fiscal 2010 Performance Period under The Toro Company Performance Share Plan (the "PSP"), as approved by the registrant's Compensation & Human Resources Committee of its Board of Directors and conditioned upon and subject to confirmation by the registrant's Fiscal 2010 financial results released on December 7, 2010. Performance Share Awards are paid in Shares of Common Stock under the PSP.
F2: Includes 32.532 shares of common stock acquired by the reporting person under The Toro Company Dividend Reinvestment Plan since the date of his last report.
F3: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 1.681 shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (IS&ESOP); and 73.021 shares acquired through issuer annual investment fund contributions to the IS&ESOP.
F4: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.