Form 4 for TTC TORO CO

Accepted 2023-01-18 00:00:00 ET · period of report 2023-01-13 · accession 0001127602-23-001595 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-01-18	2023-01-13	TTC	HARLESS KATHERINE J	Dir	D - Sale to Iss	$0.00	-1,064	3,428	-24%	$0
	2023-01-18	2023-01-13	TTC	HARLESS KATHERINE J	Dir	A - Grant	$0.00	+1,064	54.4K	+2%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock Units	2023-01-13	D	D	1,064.31	$0.00	3,427.55	D	—	—	(F1) Represents the payout of 1,009 shares of common stock and 55.311 related dividend reinvestment shares in connection with an annual common stock award for service as a non-employee director issued under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated. The reporting person previously deferred the payout of her common stock award under The Toro Company Deferred Compensation Plan for Non-Employee Directors (the "Deferred Plan") and, accordingly, the reporting person's annual common stock award was initially paid in common stock units under the Deferred Plan. A common stock unit under the Deferred Plan is the economic equivalent of one share of Toro common stock. The reporting person previously elected to receive a single lump sum distribution, payable in January 2023 under the terms of the Deferred Plan, and, therefore, the common stock units were settled for shares of Toro common stock. (F2) Includes 9.969 common stock units acquired by the reporting person under the dividend reinvestment feature of the Deferred Plan since the date of her last report.
2	Common	Common Stock	2023-01-13	A	A	1,064	$0.00	54,428.04	D	—	—