Filing Details

Accession Number:
0001127602-14-019813
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-03 17:53:35
Reporting Period:
2014-05-30
Filing Date:
2014-06-03
Accepted Time:
2014-06-03 17:53:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
737758 Toro Co TTC Lawn & Garden Tractors & Home Lawn & Gardens Equip (3524) 410580470
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1382452 J Michael Happe 8111 Lyndale Avenue South
Bloomington MN 55420-1196
Group Vp, Res. & Cont. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-05-30 5,000 $20.37 18,911 No 4 M Direct
Common Stock Disposition 2014-05-30 5,000 $64.59 13,911 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option Disposition 2014-05-30 5,000 $0.00 5,000 $20.37
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,000 2019-12-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 11,888 Indirect The Toro Company Investment, Savings & ESOP
Performance Share Units 6,497 Direct
Footnotes
  1. Includes the following shares of common stock acquired by the reporting person since the date of his last report: 0.003 shares acquired under The Toro Company Dividend Reinvestment Plan (the "DRIP") on shares held directly and 9.813 shares acquired under the DRIP on 3,071.301 shares of restricted stock. The restricted stock and all related DRIP shares vest in full on the third anniversary of the date of grant, which was March 20, 2012.
  2. 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 $64.56 to $64.63, 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.
  3. Includes the following shares of common stock acquired by the reporting person since the date of his last report: 37.432 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (IS&ESOP) less quarterly non-discretionary administrative fees; and 58.661 shares acquired through issuer annual investment fund contributions to the IS&ESOP.
  4. Includes 20.729 performance share units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers since the date of his last report.
  5. The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.