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TORO CO — Director's Dealing 2020
Apr 2, 2020
30737_dirs_2020-04-02_c677b45a-18a6-4065-9a41-f81195ee8420.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2020-04-01
Reporting Person: Drake Angela C (VP, Construction)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option | $76.53 | 2029-12-19 | Common Stock (4900) | Direct | |
| Restricted Stock Units | $ | Common Stock (1564.799) | Direct | ||
| Restricted Stock Units | $ | Common Stock (1918.14) | Direct |
Footnotes
F1: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.
F2: The restricted stock units and related dividend equivalents vest and become non-forfeitable in full on the April 1, 2022, which is the third anniversary of the date of grant.
F3: Each restricted stock unit represents a contingent right to receive one share of Toro common stock.
F4: The restricted stock units and related dividend equivalents vest and become non-forfeitable in three equal annual installments commencing on April 1, 2020, which is the first anniversary of the date of grant.