TORO CO 4
4 · TORO CO · Filed Mar 23, 2015
Insider Transaction Report
Form 4
TORO COTTC
DRAZAN MICHAEL D
CIO, VP Contractor Business
Transactions
- Exercise/Conversion
Common Stock
2015-03-19$22.45/sh+14,000$314,300→ 72,612 total - Sale
Common Stock
2015-03-19$68.15/sh−14,000$954,100→ 58,612 total - Exercise/Conversion
Non-Qualified Stock Option
2015-03-19−14,000→ 0 totalExercise: $22.45Exp: 2016-11-30→ Common Stock (14,000 underlying)
Holdings
- 4,625.658(indirect: The Toro Company Investment, Savings & ESOP)
Common Stock
- 27,532.462
Performance Share Units
Footnotes (3)
- [F1]Includes the following shares of common stock acquired by the reporting person since the date of his last report: 18.272 net shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (the "IS&ESOP") less quarterly non-discretionary administrative fees; and 57.894 shares acquired through issuer annual investment fund contributions to the IS&ESOP.
- [F2]Includes 111.652 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.
- [F3]The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 30, 2006.