BURKART PHILIP A 4

4 · TORO CO · Filed Dec 11, 2017

Form 4

Period: 2017-12-07

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 total
Exercise: $65.93Exp: 2027-12-08→ Common Stock (6,100 underlying)

Holdings

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

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