TORO CO|4Dec 17, 11:22 AM ET

Christy Jody M 4

4 · TORO CO · Filed Dec 17, 2021

Form 4

Period: 2021-12-15

Vice President, BOSS

Transactions

Award
Non-Qualified Stock Option
2021-12-16+3,900→ 3,900 total
Exercise: $99.34Exp: 2031-12-16→ Common Stock (3,900 underlying)
Award
Performance Share Units
2021-12-15+962→ 1,652.033 total

Holdings

Footnotes (4)

[F1]Represents the payout of a Performance Share Award for the Fiscal 2019 to Fiscal 2021 Performance Period under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended and restated, as approved by the Issuer's Compensation & Human Resources Committee of its Board of Directors on December 14, 2021, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2021 financial results that were released on December 15, 2021. The reporting person has deferred the payout of his Performance Share Award under The Toro Company Deferred Compensation Plan for Officers (the "Deferred Plan") and, accordingly, the reporting person's Performance Share Award is paid in performance share units under the Deferred Plan.
[F2]Includes 5.033 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of the Deferred Plan.
[F3]Includes 1.993 net shares acquired by the reporting person since the date of his last report under the dividend reinvestment feature of The Toro Company Retirement Plan less non-discretionary quarterly administrative fees.
[F4]The option vests in three equal annual installments commencing on the first anniversary of the date of grant.

Documents

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