TORO CO 4
4 · TORO CO · Filed Jun 26, 2017
Insider Transaction Report
Form 4
TORO COTTC
BROWN WILLIAM E JR
Vice President, Consumer & LCB
Transactions
- Sale
Common Stock
2017-06-23$70.85/sh−16,479$1,167,537→ 186,937.352 total - Exercise/Conversion
Non-Qualified Stock Option
2017-06-22−2,853→ 16,479 totalExercise: $10.18Exp: 2019-12-01→ Common Stock (2,853 underlying) - Exercise/Conversion
Non-Qualified Stock Option
2017-06-23−16,479→ 0 totalExercise: $10.18Exp: 2019-12-01→ Common Stock (16,479 underlying) - Exercise/Conversion
Common Stock
2017-06-22$10.18/sh+2,853$29,049→ 189,790.352 total - Sale
Common Stock
2017-06-22$71.02/sh−2,853$202,620→ 186,937.352 total - Exercise/Conversion
Common Stock
2017-06-23$10.18/sh+16,479$167,789→ 203,416.352 total
Holdings
- 119.986(indirect: The Toro Company Investment, Savings & ESOP)
Common Stock
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $71.00 to $71.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $70.600 to $71.030, inclusive.
- [F3]Includes 0.335 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP less quarterly non-discretionary administrative fees.
- [F4]The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was December 1, 2009.