Filing Details

Accession Number:
0001127602-17-013921
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-04-04 16:25:26
Reporting Period:
2017-03-31
Filing Date:
2017-04-04
Accepted Time:
2017-04-04 16:25:26
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
1167147 J Michael Hoffman 8111 Lyndale Avenue South
Bloomington MN 55420-1196
Chairman Of The Board Yes 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 2017-03-31 72,217 $7.16 1,271,706 No 4 M Direct
Common Stock Disposition 2017-03-31 72,217 $62.51 1,199,489 No 4 S Direct
Common Stock Acquisiton 2017-03-31 71,360 $7.16 1,270,849 No 4 M Direct
Common Stock Disposition 2017-03-31 71,360 $62.77 1,199,489 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 2017-03-31 72,217 $0.00 72,217 $7.16
Common Stock Non-Qualified Stock Option Disposition 2017-03-31 71,360 $0.00 71,360 $7.16
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
71,360 2018-12-03 No 4 M Direct
0 2018-12-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 40 Indirect By Son
Common Stock 253,182 Indirect Held by Michael J. Hoffman Irrevocable Lifetime Family Trust
Common Stock 137,461 Indirect The Toro Company Investment, Savings & ESOP
Footnotes
  1. 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 $62.25 to $62.67, 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 ranges set forth in footnotes (1) and (2) to this Form 4.
  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 $62.68 to $63.38, inclusive.
  3. Reflects an account adjustment of -0.26 shares of common stock.
  4. Includes 65.429 shares of common stock acquired by the reporting person through issuer annual investment fund contributions to The Toro Company Investment, Savings & ESOP.
  5. The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 3, 2008.