Filing Details

Accession Number:
0001127602-12-025380
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-29 17:22:17
Reporting Period:
2012-08-27
Filing Date:
2012-08-29
Accepted Time:
2012-08-29 17:22:17
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
1350880 M Blake Grams 8111 Lyndale Avenue South
Bloomington MN 55420-1196
Vp, Corporate Controller 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 2012-08-27 8,400 $22.45 12,467 No 4 M Direct
Common Stock Disposition 2012-08-27 8,400 $37.46 4,067 No 4 S Direct
Common Stock Acquisiton 2012-08-27 8,200 $27.47 12,267 No 4 M Direct
Common Stock Disposition 2012-08-27 8,200 $37.40 4,067 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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 2012-08-27 8,400 $0.00 8,400 $22.45
Common Stock Non-Qualified Stock Option Disposition 2012-08-27 8,200 $0.00 8,200 $27.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2007-11-30 2016-11-30 No 4 M Direct
0 2008-11-28 2017-11-28 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 12,383 Indirect The Toro Company Investment, Savings & ESOP
Performance Share Units 4,212 Direct
Footnotes
  1. On June 29, 2012, the common stock of the issuer split two-for-one (the "Stock Split"), resulting in the reporting person's ownership of 2,000 additional shares of restricted stock and 21.307 additional related dividend reinvestment shares, and includes 24.458 post-split related dividend reinvestment shares acquired by the reporting person under The Toro Company Dividend Reinvestment Plan ("DRIP") from dividends paid on the restricted stock since the date of his last report.? The restricted stock and all related DRIP shares vest in full on the third anniversary of the date of grant, which was March 30, 2011. All future Form 4 and 5 filings made by the reporting person will include adjustments, as necessary, to reflect the Stock Split.
  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 $37.43 to $37.54, 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. 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 $37.36 to $37.45, 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.
  4. Includes 74.444 post-split shares of common stock acquired by the reporting person under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP since the date of his last report and 6,154.339 additional shares of common stock as a result of the Stock Split.
  5. Includes 25.382 post-split performance share units acquired by the reporting person under the dividend reinvestment feature of the The Toro Company Deferred Compensation Plan for Officers since the date of his last report and 2,093.286 additional performance share units as a result of the Stock Split.
  6. This stock option was previously reported as covering 4,200 shares of common stock at an exercise price of $44.90 per share, and has been adjusted to reflect the Stock Split.
  7. This stock option was previously reported as covering 4,100 shares of common stock at an exercise price of $54.93 per share, and has been adjusted to reflect the Stock Split.