Redetzke Darren L 4
4 · TORO CO · Filed Dec 23, 2022
Insider Transaction Report
Form 4
TORO COTTC
Redetzke Darren L
VP, International Business
Transactions
- Award
Non-Qualified Stock Option
2022-12-22+5,900→ 5,900 totalExercise: $111.15Exp: 2032-12-22→ Common Stock (5,900 underlying) - Award
Common Stock
2022-12-21+1,513→ 2,796 total - Tax Payment
Common Stock
2022-12-21$112.87/sh−463$52,259→ 2,333 total
Holdings
- 34,818.207(indirect: The Toro Company Retirement Plan)
Common Stock
- 23,800.729
Performance Share Units
Footnotes (4)
- [F1]Represents the payout of a Performance Share Award for the Fiscal 2020 to Fiscal 2022 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 13, 2022, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2022 financial results that were released on December 21, 2022. Performance Share Awards are paid in shares of common stock under the Amended and Restated 2010 Plan.
- [F2]Includes 463.881 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 quarterly non-discretionary administrative fees.
- [F3]Includes 319.085 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 December 22, 2022 grant date.