Form 4 for TTC TORO CO
Accepted 2023-12-21 00:00:00 ET · period of report 2023-12-20 · accession 0001127602-23-030265 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-12-21 | 2023-12-20 | TTC | MOELLER PETER D | Group VP, Undg, Spec Construc | M - OptEx | $97.21 | +1,046 | 5,164 | +25% | +$101.7K | |
| 2023-12-21 | 2023-12-20 | TTC | MOELLER PETER D | Group VP, Undg, Spec Construc | F - Tax | $97.21 | -321 | 4,843 | -6% | -$31.2K | |
| 2023-12-21 | 2023-12-20 | TTC | MOELLER PETER D | Group VP, Undg, Spec Construc | A - Grant | $0.00 | +1,046 | 1,774 | +144% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-20 | M | A | 1,046 | $97.21 | 5,163.67 | D | — | — | (F1) Represents the payout of a Performance Share Award for the Fiscal 2021 to Fiscal 2023 Performance Period under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated (the "Amended and Restated 2010 Plan"), as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 12, 2023, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2023 financial results that were released on December 20, 2023. The reporting person has deferred a portion of the payout of his Performance Share Award under The Toro Company Deferred Compensation Plan for Officers (the "Deferred Plan"). Accordingly, a portion of the reporting person's Performance Share Award is paid in shares of common stock under the Amended and Restated 2010 Plan and a portion of the Performance Share Award is paid in performance share units under the Deferred Plan. (F4) Includes 13.324 shares of common stock 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. |
| 2 | Common | Common Stock | 2023-12-20 | F | D | 321 | $97.21 | 4,842.67 | D | — | — | |
| 3 | Common | Performance Share Units | 2023-12-20 | A | A | 1,046 | $0.00 | 1,773.52 | D | — | — | (F1) Represents the payout of a Performance Share Award for the Fiscal 2021 to Fiscal 2023 Performance Period under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated (the "Amended and Restated 2010 Plan"), as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 12, 2023, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2023 financial results that were released on December 20, 2023. The reporting person has deferred a portion of the payout of his Performance Share Award under The Toro Company Deferred Compensation Plan for Officers (the "Deferred Plan"). Accordingly, a portion of the reporting person's Performance Share Award is paid in shares of common stock under the Amended and Restated 2010 Plan and a portion of the Performance Share Award is paid in performance share units under the Deferred Plan. (F2) Includes 7.516 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers. |