4//SEC Filing
TORO CO 4
Accession 0001127602-14-034478
$TTCCIK 0000737758operating
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 4:40 PM ET
Size
10.6 KB
Accession
0001127602-14-034478
Insider Transaction Report
Form 4
TORO COTTC
DRAZAN MICHAEL D
CIO, VP Contractor Business
Transactions
- Award
Common Stock
2014-12-04+6,127→ 60,401 total - Tax Payment
Common Stock
2014-12-04$64.97/sh−2,059$133,773→ 58,342 total - Award
Non-Qualified Stock Option
2014-12-05+6,100→ 6,100 totalExercise: $62.75Exp: 2024-12-05→ Common Stock (6,100 underlying)
Holdings
- 4,549.492(indirect: The Toro Company Investment, Savings & ESOP)
Common Stock
- 27,420.81
Performance Share Units
Footnotes (4)
- [F1]Represents the payout of a Performance Share Award for the Fiscal 2012 to Fiscal 2014 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 2, 2014, and which was conditioned upon and subject to confirmation by the registrant's Fiscal 2014 financial results that were released on December 4, 2014. Performance Share Awards are paid in shares of common stock under the 2010 Plan.
- [F2]Includes the following shares of common stock acquired by the reporting person since the date of his last report: 43.917 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (IS&ESOP) less quarterly non-discretionary administrative fees; and 58.661 shares acquired through issuer annual investment fund contributions to the IS&ESOP.
- [F3]Includes 271.123 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.
- [F4]The option vests in three equal annual installments commencing on the first anniversary of the date of grant.
Documents
Issuer
TORO CO
CIK 0000737758
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000737758
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 4:40 PM ET
- Size
- 10.6 KB