Statement of Changes in Beneficial Ownership (4)
10 September 2020 - 11:20PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
MOELLER PETER D |
2. Issuer Name and Ticker or Trading Symbol
TORO CO
[
TTC
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Sitework Systems |
|
(Last)
(First)
(Middle)
8111 LYNDALE AVENUE SOUTH |
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/8/2020 |
|
(Street)
BLOOMINGTON, MN 55420
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Common Stock | 9/8/2020 | | M | | 1940 | A | $31.375 | 4284.638 | D | |
| Common Stock | 9/8/2020 | | S | | 1940 | D | $80.133 | 2344.638 | D | |
| Common Stock | 9/8/2020 | | M | | 1940 | A | $31.375 | 4284.638 | D | |
| Common Stock | 9/8/2020 | | S | | 1940 | D | $80.25 (1) | 2344.638 (2) | D | |
| Common Stock | | | | | | | | 4864.065 (3) | I | The Toro Company Retirement Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Non-Qualified Stock Option | $31.375 | 9/8/2020 | | M | | | 1940 | (4) | 12/5/2024 | Common Stock | 1940 | $0 | 0 | D | |
| Non-Qualified Stock Option | $31.375 | 9/8/2020 | | M | | | 1940 | (5) | 12/5/2024 | Common Stock | 1940 | $0 | 0 | D | |
| Explanation of Responses: |
| (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 $80.22 to $80.276, 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. |
| (2) | Includes 16.602 shares acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held. |
| (3) | Includes 37.131 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less non-discretionary quarterly administrative fees. |
| (4) | The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 5, 2014. |
| (5) | The option vested in full on the third anniversary of the date of grant, which was December 5, 2014. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
MOELLER PETER D
8111 LYNDALE AVENUE SOUTH
BLOOMINGTON, MN 55420 |
|
| VP, Sitework Systems |
|
Signatures
|
| /s/ Angela D. Snavely, Attorney-in-Fact | | 9/10/2020 |
| **Signature of Reporting Person | Date |
Toro (NYSE:TTC)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Toro (NYSE:TTC)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
