0001127602-22-028212.txt : 20221223
0001127602-22-028212.hdr.sgml : 20221223
20221223112704
ACCESSION NUMBER: 0001127602-22-028212
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20221221
FILED AS OF DATE: 20221223
DATE AS OF CHANGE: 20221223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Svendsen Kurt D
CENTRAL INDEX KEY: 0001581944
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08649
FILM NUMBER: 221483986
MAIL ADDRESS:
STREET 1: 8111 LYNDALE AVENUE SOUTH
CITY: BLOOMINGTON
STATE: MN
ZIP: 55420
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TORO CO
CENTRAL INDEX KEY: 0000737758
STANDARD INDUSTRIAL CLASSIFICATION: LAWN & GARDEN TRACTORS & HOME LAWN & GARDEN EQUIPMENT [3524]
IRS NUMBER: 410580470
STATE OF INCORPORATION: MN
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 8111 LYNDALE AVE SOUTH
CITY: BLOOMINGTON
STATE: MN
ZIP: 55420-1196
BUSINESS PHONE: 9528888801
MAIL ADDRESS:
STREET 1: 8111 LYNDALE AVENUE SOUTH
CITY: BLOOMINGTON
STATE: MN
ZIP: 55420
FORMER COMPANY:
FORMER CONFORMED NAME: TORO CO/DE
DATE OF NAME CHANGE: 19920703
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2022-12-21
0000737758
TORO CO
TTC
0001581944
Svendsen Kurt D
8111 LYNDALE AVENUE SOUTH
BLOOMINGTON
MN
55420-1196
1
VP, Strat, Corp & Channel Dev
Performance Share Units
2022-12-21
4
A
0
1008
0
A
2283.094
D
Common Stock
10608.633
D
Common Stock
10918.991
I
The Toro Company Retirement Plan
Non-Qualified Stock Option
111.15
2022-12-22
4
A
0
6600
0
A
2032-12-22
Common Stock
6600
6600
D
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, 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. 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.
Includes 3.979 performance share units acquired by the reporting person since the date of his last report under the dividend reinvestment feature of the Deferred Plan.
Includes 33.877 shares of common stock acquired by the reporting person since the date of his last report under a dividend reinvestment feature of the account in which the shares are held.
Includes 34.113 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 non-discretionary quarterly administrative fees.
The option vests in three equal annual installments commencing on the first anniversary of the December 22, 2022 grant date.
/s/ Amy E. Dahl, Attorney-in-Fact
2022-12-23
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY
Exhibit 24
LIMITED POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes
and appoints Amy E. Dahl, signing singly, true and lawful
attorney-in-fact relative to the filings identified below in
connection with the undersigned's derivative and non-derivative
securities of The Toro Company (the 'Company') to:
(1) Prepare and execute for and on behalf of the undersigned, in
the undersigned?s capacity as an officer of the Company, Forms 3, 4
and 5 in accordance with Section 16(a) of the Securities Exchange
Act of 1934, as amended, and the rules and regulations thereunder
(the 'Exchange Act');
(2) Prepare and execute for and on behalf of the undersigned,
in the undersigned?s capacity as an officer of the Company, any
Form 144 in accordance with Rule 144 under the Securities Act of
1933, as amended, and the rules and regulations thereunder (the
'Securities Act');
(3) Do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and
execute any such Forms 3, 4, 5 and 144 and the timely filing of
such forms with the United States Securities and Exchange Commission
and any stock exchange or similar authority; and
(4) Take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such attorney-in-fact,
may be of benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the documents executed
by such attorney-in-fact on behalf of the undersigned pursuant to
this Limited Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may
approve in such attorney-in-fact?s discretion.
The undersigned hereby grants to such attorney-in-fact full
power and authority to do and perform all and every act and thing
whatsoever requisite, necessary, or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all
intents and purposes as such attorney-in-fact might or could do if
personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that each such attorney-in-fact,
or any substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Limited Power of Attorney and the rights and
powers herein granted. The undersigned acknowledges that the
foregoing attorney-in-fact, in serving in such capacity at the
request of the undersigned, is not assuming, nor is the Company
assuming, any of the undersigned's responsibilities to comply with
the Securities Act and Exchange Act, including Section 16 of the
Exchange Act and Rule 144 under the Securities Act.
IN WITNESS WHEREOF, the undersigned has caused this Limited Power
of Attorney to be executed effective as of the date indicated below,
and said Power of Attorney shall remain in effect until revoked by
the undersigned in writing, or at such time as the undersigned is
no longer an officer of the Company, whichever first occurs.
Signed: /s/ Kurt D. Svendsen
Kurt D. Svendsen
Dated: 11/1/2022