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TORO CO — Director's Dealing 2016
Mar 24, 2016
30737_dirs_2016-03-24_5499cf51-56dc-4613-802a-6815c9e5159e.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: 2016-03-23
Reporting Person: Redetzke Darren L (VP, International Business)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-23 | Common Stock | M | 9600 | $31.76 | Acquired | 10662 | Direct |
| 2016-03-23 | Common Stock | S | 9600 | $86.50 | Disposed | 1062 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-23 | Non-Qualified Stock Option | $31.76 | M | 9600 | Disposed | 2020-12-08 | Common Stock (9600) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3993.724 | Indirect |
| Common Stock | 15863.334 | Indirect |
| Performance Share Units | 10935.788 | Direct |
Footnotes
F1: Includes 17.349 shares of common stock acquired by the reporting person under a dividend reinvestment feature of the account in which the shares are held since the date of his last report.
F2: Includes 68.943 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP less quarterly non-discretionary administrative fees.
F3: Includes 47.696 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.
F4: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 8, 2010.