4//SEC Filing
HARLESS KATHERINE J 4
Accession 0001235802-22-000018
CIK 0000737758other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 12:52 PM ET
Size
7.2 KB
Accession
0001235802-22-000018
Insider Transaction Report
Form 4
TORO COTTC
HARLESS KATHERINE J
Director
Transactions
- Disposition to Issuer
Common Stock Units
2022-01-14−982.808→ 3,503.069 total - Award
Common Stock
2022-01-14+982→ 55,144.042 total
Footnotes (2)
- [F1]Includes 10.804 common stock units acquired by the reporting person under the dividend reinvestment feature of the Deferred Plan since the date of her last report.
- [F2]Represents the payout of 932 shares of common stock and 50.808 related dividend reinvestment shares in connection with an annual common stock award for service as a non-employee director issued under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as amended. The reporting person previously deferred the payout of her common stock award under The Toro Company Deferred Compensation Plan for Non-Employee Directors (the "Deferred Plan") and, accordingly, the reporting person's annual common stock award was initially paid in common stock units under the Deferred Plan. A common stock unit under the Deferred Plan is the economic equivalent of one share of Toro common stock. The reporting person previously elected to receive a single lump sum distribution, payable in January 2022 under the terms of the Deferred Plan, and, therefore, the common stock units were settled for shares of Toro common stock.
Documents
Issuer
TORO CO
CIK 0000737758
Entity typeother
Related Parties
1- filerCIK 0001167151
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 12:52 PM ET
- Size
- 7.2 KB