4//SEC Filing
TORO CO 4
Accession 0001127602-13-034081
$TTCCIK 0000737758operating
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 4:34 PM ET
Size
13.7 KB
Accession
0001127602-13-034081
Insider Transaction Report
Form 4
TORO COTTC
DRAZAN MICHAEL D
CIO, VP Contractor Business
Transactions
- Tax Payment
Common Stock
2013-12-05$59.31/sh−2,170$128,703→ 54,519 total - Award
Non-Qualified Stock Option
2013-12-06+7,200→ 7,200 totalExercise: $59.50Exp: 2023-12-06→ Common Stock (7,200 underlying) - Award
Common Stock
2013-12-05+6,456→ 56,689 total
Holdings
- 27,066.015
Performance Share Units
- 4,433.206(indirect: The Toro Company Investment, Savings & ESOP)
Common Stock
Footnotes (4)
- [F1]Represents the payout of a Performance Share Award for the Fiscal 2011 to Fiscal 2013 Performance Period under The Toro Company 2010 Equity and Incentive Plan, as amended (the "2010 Plan"), as approved by the registrant's Compensation & Human Resources Committee of its Board of Directors on December 3, 2013, and which was conditioned upon and subject to confirmation by the registrant's Fiscal 2013 financial results that were released on December 5, 2013. Performance Share Awards are paid in shares of common stock under the 2010 Plan.
- [F2]Includes 23.585 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.
- [F3]Includes 143.667 performance share units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers since the date of his last report.
- [F4]The option vests in three equal annual installments commencing on the first anniversary of the date of grant.
Issuer
TORO CO
CIK 0000737758
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000737758
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 4:34 PM ET
- Size
- 13.7 KB