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TORO CO — Director's Dealing 2013
Jun 3, 2013
30737_dirs_2013-06-03_93036515-0168-4b53-85b7-5245dfbf8d26.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: 2013-05-30
Reporting Person: BROWN WILLIAM E JR (Group VP, Comm. & Irrigation)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-30 | Common Stock | M | 16000 | $12.08 | Acquired | 107443.53 | Direct |
| 2013-05-30 | Common Stock | F | 4066 | $47.54 | Disposed | 103377.53 | Direct |
| 2013-05-31 | Common Stock | S | 235 | $47.672 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-30 | Incentive Stock Option | $12.08 | M | 16000 | Disposed | 2013-12-04 | Common Stock (16000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 14502.974 | Indirect |
Footnotes
F1: Includes 19.066 shares of common stock acquired by the reporting person since the date of his last report under The Toro Company Dividend Reinvestment Plan (the "DRIP") on 3,026.464 shares of restricted stock and related DRIP shares. The restricted stock and all related DRIP shares vest in full on the third anniversary of the date of grant, which was March 30, 2011.
F2: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 90.519 shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (IS&ESOP); and 80.696 shares acquired through issuer annual investment fund contributions to and revenue credit allocations in the IS&ESOP.