Walters Daryn A 4
4 · TORO CO · Filed Dec 21, 2021
Insider Transaction Report
Form 4
TORO COTTC
Walters Daryn A
VP, Exmark
Transactions
- Award
Non-Qualified Stock Option
2021-12-16+5,100→ 5,100 totalExercise: $99.34Exp: 2031-12-16→ Common Stock (5,100 underlying) - Award
Common Stock
2021-12-15+962→ 1,953.336 total - Tax Payment
Common Stock
2021-12-15$98.03/sh−283$27,742→ 1,670.336 total
Holdings
- 1,968.475(indirect: The Toro Company Retirement Plan)
Common Stock
Footnotes (2)
- [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]The option vests in three equal annual installments commencing on the first anniversary of the date of grant.