4//SEC Filing
BURKART PHILIP A 4
Accession 0001127602-17-034315
CIK 0000737758other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 1:50 PM ET
Size
10.6 KB
Accession
0001127602-17-034315
Insider Transaction Report
Form 4
TORO COTTC
BURKART PHILIP A
VP, Irrigation Businesses
Transactions
- Award
Common Stock
2017-12-07+3,641→ 171,032 total - Tax Payment
Common Stock
2017-12-07$65.50/sh−1,900$124,450→ 169,132 total - Award
Non-Qualified Stock Option
2017-12-08+6,100→ 6,100 totalExercise: $65.93Exp: 2027-12-08→ Common Stock (6,100 underlying)
Holdings
- 80,373.894(indirect: The Toro Company Investment, Savings & ESOP)
Common Stock
- 35,214.985
Performance Share Units
Footnotes (4)
- [F1]Represents the payout of a Performance Share Award for the Fiscal 2015 to Fiscal 2017 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 5, 2017, and which was conditioned upon and subject to confirmation by the issuer's Fiscal 2017 financial results that were released on December 7, 2017. Performance Share Awards are paid in shares of common stock under the Amended and Restated 2010 Plan.
- [F2]Includes 642.956 net shares of common stock 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.
- [F3]Includes 281.887 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 typeother
Related Parties
1- filerCIK 0001167143
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 1:50 PM ET
- Size
- 10.6 KB