AMY E. DAHL - 31 Mar 2022 Form 4 Insider Report for TORO CO (TTC)

Signature
/s/ Timothy C. Quist, Attorney-in-Fact
Issuer symbol
TTC
Transactions as of
31 Mar 2022
Net transactions value
-$53,354
Form type
4
Filing time
01 Apr 2022, 17:17:55 UTC
Previous filing
17 Dec 2021
Next filing
13 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTC Common Stock Options Exercise $54,678 +2,600 +15% $21.03 19,960 31 Mar 2022 Direct
transaction TTC Common Stock Tax liability $108,032 -1,254 -6.3% $86.15 18,706 31 Mar 2022 Direct
holding TTC Common Stock 3,760 31 Mar 2022 The Toro Company Retirement Plan F1
holding TTC Performance Share Units 7,162 31 Mar 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TTC Non-Qualified Stock Option Options Exercise $0 -2,600 -100% $0.000000* 0 31 Mar 2022 Common Stock 2,600 $21.03 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes the following shares of common stock acquired by the reporting person since the date of her last report: 25.898 shares acquired through regular individual and issuer matching contributions to The Toro Company Retirement Plan (the "Plan") and 11.233 net shares acquired under the dividend reinvestment feature of the Plan less quarterly non-discretionary administrative fees.
F2 Includes 22.044 performance share units acquired by the reporting person since the date of her last report under the dividend reinvestment feature of the Deferred Plan.
F3 The option vested in full on the third anniversary of the date of grant, which was December 11, 2012.