1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Non-Qualified Stock Option
|
Â
(1)
|
01/05/2025 |
Common Stock
|
544
|
$
31.09
|
D
|
Â
|
Non-Qualified Stock Option
|
Â
(2)
|
12/04/2025 |
Common Stock
|
1,088
|
$
38.82
|
D
|
Â
|
Non-Qualified Stock Option
|
Â
(3)
|
12/04/2025 |
Common Stock
|
1,630
|
$
38.82
|
D
|
Â
|
Non-Qualified Stock Option
|
Â
(4)
|
12/09/2026 |
Common Stock
|
4,900
|
$
56.54
|
D
|
Â
|
Non-Qualified Stock Option
|
Â
(5)
|
12/08/2027 |
Common Stock
|
4,100
|
$
65.93
|
D
|
Â
|
Restricted Stock Units
|
Â
(6)
|
Â
(6)
|
Common Stock
|
176.646
|
$
(7)
|
D
|
Â
|
Restricted Stock Units
|
Â
(8)
|
Â
(8)
|
Common Stock
|
60.267
|
$
(7)
|
D
|
Â
|
Restricted Stock Units
|
Â
(9)
|
Â
(9)
|
Common Stock
|
1,237.309
|
$
(7)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
The option vested in three equal annual installments commencing on January 5, 2016, which was the first anniversary of the date of grant. |
(2) |
The option vested in three equal annual installments commencing on December 4, 2016, which was the first anniversary of the date of grant. |
(3) |
The option vested in full on December 4, 2018, which was the third anniversary of the date of grant. |
(4) |
The option vests in three equal annual installments commencing on December 9, 2017, which is the first anniversary of the date of grant. |
(5) |
The option vests in three equal annual installments commencing on December 8, 2018, which is the first anniversary of the date of grant. |
(6) |
The restricted stock units and related dividend equivalents vested and became non-forfeitable in full on December 4, 2018, which was the third anniversary of the date of grant. |
(7) |
Each restricted stock unit represents a contingent right to receive one share of Toro common stock. |
(8) |
The restricted stock units and related dividend equivalents vested and became non-forfeitable in three equal annual installments commencing on December 4, 2016, which was the first anniversary of the date of grant. |
(9) |
The restricted stock units and related dividend equivalents vest and become non-forfeitable in full on June 15, 2019, which is the third anniversary of the date of grant. |