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TORO CO — Director's Dealing 2012
Aug 29, 2012
30737_dirs_2012-08-29_86372177-855a-4ef6-94c3-45fe3d740d64.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: 2012-08-27
Reporting Person: STEINHAFEL GREGG W (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-27 | Common Stock | S | 15624 | $37.517 | Disposed | 0 | Direct |
| 2012-08-27 | Common Stock | M | 8000 | $16.9675 | Acquired | 8000 | Direct |
| 2012-08-27 | Common Stock | F | 3632 | $37.38 | Disposed | 4368 | Direct |
| 2012-08-27 | Common Stock | M | 7092 | $18.695 | Acquired | 11460 | Direct |
| 2012-08-27 | Common Stock | F | 3547 | $37.38 | Disposed | 7913 | Direct |
| 2012-08-27 | Common Stock | M | 6556 | $21.30 | Acquired | 14469 | Direct |
| 2012-08-27 | Common Stock | F | 3736 | $37.38 | Disposed | 10733 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-27 | Non-Qualified Stock Option | $16.9675 | M | 8000 | Disposed | 2014-11-01 | Common Stock (8000) | Direct |
| 2012-08-27 | Non-Qualified Stock Option | $18.695 | M | 7092 | Disposed | 2015-11-01 | Common Stock (7092) | Direct |
| 2012-08-27 | Non-Qualified Stock Option | $21.30 | M | 6556 | Disposed | 2016-11-01 | Common Stock (6556) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock Units | 2592.56 | Direct |
Footnotes
F1: On June 29, 2012, the common stock of the issuer split two-for-one (the "Stock Split"), resulting in the reporting person's ownership of 7,812 additional shares of common stock. All future Form 4 and 5 filings made by the reporting person will include adjustments, as necessary, to reflect the Stock Split.
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 $37.46 to $37.64, 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 24.574 post-split common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report and 1,283.993 additional common stock units as a result of the Stock Split.
F4: This stock option was previously reported as covering 4,000 shares of common stock at an exercise price of $33.935 per share, and has been adjusted to reflect the Stock Split.
F5: This stock option was previously reported as covering 3,546 shares of common stock at an exercise price of $37.39 per share, and has been adjusted to reflect the Stock Split.
F6: This stock option was previously reported as covering 3,278 shares of common stock at an exercise price of $42.60 per share, and has been adjusted to reflect the Stock Split.