Grams Blake M 4
4 · TORO CO · Filed Dec 17, 2021
Insider Transaction Report
Form 4
TORO COTTC
Gram Blake M
VP, Corporate Controller
Transactions
- Tax Payment
Common Stock
2021-12-15$98.03/sh−878$86,070→ 1,046 total - Award
Common Stock
2021-12-15+1,924→ 1,924 total - Award
Non-Qualified Stock Option
2021-12-16+8,200→ 8,200 totalExercise: $99.34Exp: 2031-12-16→ Common Stock (8,200 underlying)
Holdings
- 200.299(indirect: The Toro Company Retirement Plan)
Common Stock
- 36,502.36
Performance Share Units
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 (the "Amended and Restated 2010 Plan"), 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. Performance Share Awards are paid in shares of common stock under the Amended and Restated 2010 Plan.
- [F2]Includes 1.425 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.
- [F3]Includes 266.270 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.