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TORO CO — Director's Dealing 2012
Jun 8, 2012
30737_dirs_2012-06-08_bca4fe7f-ee9a-4c34-8ce7-cc4d60a095f9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2012-06-06
Reporting Person: DRAZAN MICHAEL D (VP, Global Micro Irrigation)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-06-06 | Common Stock | M | 7050 | $24.16 | Acquired | 29121 | Direct |
| 2012-06-06 | Common Stock | S | 7050 | $71.436 | Disposed | 22071 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-06-06 | Incentive Stock Option | $24.16 | M | 7050 | Disposed | 2013-12-04 | Common Stock (7050) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2139.502 | Indirect |
| Performance Share Units | 13300.795 | Direct |
Footnotes
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 $71.15 to $71.85, inclusive. The reporting person undertakes to provide to The Toro Company, any security holder of The Toro Company, 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: Includes 6.585 shares of common stock acquired by the reporting person under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP since the date of his last report.
F3: Includes 41.011 performance share units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers since the date of his last report.