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TORO CO — Director's Dealing 2013
Mar 12, 2013
30737_dirs_2013-03-12_9966af94-ecf1-461c-a86d-4c37f7905204.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: 2013-03-08
Reporting Person: BURKART PHILIP A (VP, Irrigation Business)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-08 | Common Stock | M | 12669 | $18.51 | Acquired | 101947 | Direct |
| 2013-03-08 | Common Stock | S | 12669 | $47.766 | Disposed | 89278 | Direct |
| 2013-03-11 | Common Stock | M | 531 | $18.51 | Acquired | 89809 | Direct |
| 2013-03-11 | Common Stock | S | 531 | $48.244 | Disposed | 89278 | Direct |
| 2013-03-11 | Common Stock | G | 212 | — | Disposed | 89066 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-08 | Non-Qualified Stock Option | $18.51 | M | 12669 | Disposed | 2014-12-02 | Common Stock (12669) | Direct |
| 2013-03-11 | Non-Qualified Stock Option | $18.51 | M | 531 | Disposed | 2014-12-02 | Common Stock (531) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 46048.175 | Indirect |
| Performance Share Units | 12076.416 | 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 $47.75 to $47.925, 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.
F2: Includes 150.095 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 39.404 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.