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TORO CO — Director's Dealing 2012
May 31, 2012
30737_dirs_2012-05-31_fe1e80a4-a4ed-46b1-afcd-35587cd726ab.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: 2012-05-30
Reporting Person: BROWN WILLIAM E JR (Group VP, Intl. & Comm.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-30 | Common Stock | M | 2902 | $16.1375 | Acquired | 46411.635 | Direct |
| 2012-05-30 | Common Stock | S | 2902 | $74.65 | Disposed | 43509.635 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-05-30 | Non-Qualified Stock Option | $16.1375 | M | 2902 | Disposed | 2012-12-04 | Common Stock (2902) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7125.183 | Indirect |
Footnotes
F1: Includes 4.635 shares acquired by the reporting person since the date of his last report under The Toro Company Dividend Reinvestment Plan (the "DRIP") on 1,500 shares of restricted stock. The restricted stock and all related DRIP shares vest in full on the third anniversary of the date of grant, which was March 20, 2012.
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 $74.62 to $74.71, 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.
F3: Includes 21.928 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.