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TORO CO — Director's Dealing 2018
Sep 11, 2018
30737_dirs_2018-09-11_303bcff4-0169-4f60-b709-22efd3319c7d.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: 2018-09-07
Reporting Person: HAMILTON BRADLEY A (Group VP, Commercial & Intl)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-07 | Common Stock | M | 6060 | $10.1825 | Acquired | 7910.72 | Direct |
| 2018-09-07 | Common Stock | S | 6060 | $62.743 | Disposed | 1850.72 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-07 | Non-Qualified Stock Option | $10.1825 | M | 6060 | Disposed | 2019-12-01 | Common Stock (6060) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 918.302 | Indirect |
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 $62.742 to $62.75, 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 the following shares of common stock acquired by the reporting person since the date of his last report: 8.465 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (the "IS&ESOP") less quarterly non-discretionary administrative fees; and 66.103 shares acquired through issuer annual investment fund contributions to and revenue credit allocations in the IS&ESOP.
F3: The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.