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TORO CO — Director's Dealing 2016
Sep 30, 2016
30737_dirs_2016-09-30_e46fa34a-d594-4748-bf0c-dbebb19cf323.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: 2016-09-28
Reporting Person: HOFFMAN MICHAEL J (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-28 | Common Stock | G | 3140 | — | Disposed | 1169403.79 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40 | Indirect |
| Common Stock | 251603.292 | Indirect |
| Common Stock | 136538.43 | Indirect |
Footnotes
F1: On September 16, 2016, the common stock of the issuer split two-for-one (the "Stock Split"), resulting in the reporting person's ownership of 585,098.697 additional shares of common stock and 2,346.396 post-split shares of common stock acquired under the dividend reinvestment feature of The Toro Company Direct Stock Purchase Plan (the "DRIP") since the date of his last report. All future Form 4 and 5 filings made by the reporting person will include adjustments, as necessary, to reflect the Stock Split.
F2: Includes 20 additional shares of common stock as a result of the Stock Split by the reporting person's son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.
F3: Includes 828.436 post-split shares of common stock acquired by the reporting person under the DRIP since the date of his last report and 125,387.428 additional shares of common stock as a result of the Stock Split.
F4: Includes 448.792 post-split net shares acquired by the reporting person under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP since the date of his last report, less quarterly non-discretionary administrative fees, and 68,044.819 additional shares of common stock as a result of the Stock Split.