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TORO CO — Director's Dealing 2013
Dec 9, 2013
30737_dirs_2013-12-09_5b85ba13-51ab-4e89-a030-ac8ef5f8b375.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: 2013-12-06
Reporting Person: PETERSON RENEE J (VP, Treasurer & CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-06 | Non-Qualified Stock Option | $59.50 | A | 19400 | Acquired | 2023-12-06 | Common Stock (19400) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 35866.2 | Direct |
| Common Stock | 80.719 | Indirect |
Footnotes
F1: Includes 38.469 shares acquired by the reporting person since the date of her last report under The Toro Company Dividend Reinvestment Plan (the "DRIP") on 15,383.39 shares of restricted stock and related DRIP shares. The restricted stock is an employment inducement grant awarded to the reporting person on August 22, 2011 (the "Inducement Grant"). The Inducement Grant vests in three equal installments on the first, second and third anniversaries of the date of grant. This total amount includes 20,444.341 shares of common stock and related dividend reinvestment shares held directly by the reporting person without restriction.
F2: Includes 0.202 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 her last report.
F3: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.