Drake Angela C 4
4 · TORO CO · Filed Dec 21, 2023
Insider Transaction Report
Form 4
TORO COTTC
Drake Angela C
VP & CFO
Transactions
- Tax Payment
Common Stock
2023-12-20$97.21/sh−609$59,201→ 4,666.162 total - Exercise/Conversion
Common Stock
2023-12-20$97.21/sh+2,091$203,266→ 5,275.162 total
Holdings
- 90.58(indirect: The Toro Company Retirement Plan)
Common Stock
- 727.516
Performance Share Units
Footnotes (3)
- [F1]Includes the following shares of common stock acquired by the reporting person since the date of her last report: 42.592 shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan ("Retirement Plan"); 0.761 shares acquired under the dividend reinvestment feature of the Retirement Plan; and 6.915 shares acquired through an account true-up adjustment.
- [F2]Represents the payout of a Performance Share Award for the Fiscal 2021 to Fiscal 2023 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 12, 2023, and which was conditioned upon and subject to confirmation by the Issuer's Fiscal 2023 financial results that were released on December 20, 2023. 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.
- [F3]Includes 7.516 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Officers.