AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 4, 1997
REGISTRATION NO. 333-4521
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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POST-EFFECTIVE
AMENDMENT NO. 1
TO
FORM S-3
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
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THE TORO COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 41-0580470
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
8111 LYNDALE AVENUE SOUTH, BLOOMINGTON, MINNESOTA 55420-1196
(612) 888-8801
(Address, including zip code, and telephone number, including area code, of
registrant's
principal executive offices)
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J. LAWRENCE MCINTYRE, VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
THE TORO COMPANY, 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON, MINNESOTA 55420-1196
TELEPHONE: (612) 888-8801
(Name, address, including zip code, and telephone number, including area code of
agent for service)
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Copies to:
C. ROBERT BEATTIE
DOHERTY, RUMBLE & BUTLER PROFESSIONAL ASSOCIATION
3500 FIFTH STREET TOWERS
150 SOUTH FIFTH STREET
MINNEAPOLIS, MINNESOTA 55402-4235
TELEPHONE: (612) 340-5555 TELEFAX: (612) 340-5584
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INFORMATION REGARDING SELLING STOCKHOLDERS
This Post-Effective Amendment No. 1 to Registration Statement 333-4521 (the
"Registration Statement") is filed in accordance with the undertakings of The
Toro Company (the "Company") contained in Item 17 to the Registration Statement.
The purpose of this Post-Effective Amendment No. 1 is to amend the Selling
Stockholders table set forth pursuant to Item 7 of the Registration Statement to
reflect the transfer of shares of Common Stock, $1.00 par value per share and
related Preferred Share Purchase Rights (the "Shares") from individuals
originally set forth on the table to individuals not originally owning any
Shares. Effective as of December 31, 1996 Sue Jennings and Cynthia H. Love each
transferred 275 Shares to Amber Joy Love and 275 Shares to Joshua Levi Love.
Effective as of January 1, 1997 Sue Jennings and Cynthia H. Love each
transferred 275 Shares to Amber Joy Love and 275 Shares to Joshua Levi Love.
Amber Joy Love's Shares are beneficially owned by Cynthia H. Love as custodian
for Amber Joy Love because Amber Joy Love is a minor.
Sue Jennings originally was issued 11,925 Shares which were subject to the
Registration Statement. Giving effect to the transfers described above that
amount is reduced to 10,825 Shares. Cynthia H. Love originally was issued 27,747
Shares which were subject to the Registration Statement. The transfers described
above do not change such amount, however, 1,100 of such Shares are held as
custodian by Cynthia H. Love for Amber Joy Love. Joshua Levi Love owns 1,100
Shares after giving effect to the transfers described above. The following table
sets forth the Selling Stockholders table as amended to give effect to the
transfers described above.
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NUMBER OF SHARES OWNED AMOUNT TO BE
NAMES OF STOCKHOLDERS PRIOR TO OFFERING OFFERED
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Cynthia H. Love(1)(2)........................................................... 27,747 27,747
Mark Breeding(3)................................................................ 18,887 18,887
Sue Jennings(4)................................................................. 11,925 10,825
Todd E. Scott................................................................... 266 266
Jay Beckett..................................................................... 266 266
Loreto Abellera................................................................. 666 666
William A. Fahey(5)............................................................. 1,465 1,465
Charles Childress(6)............................................................ 133 133
Robert E. King(6)............................................................... 133 133
Murphy Rhoads................................................................... 399 399
Paul Sorrels.................................................................... 2,331 2,331
Jeff Stewart(7)................................................................. 666 666
Jim Blagg(8).................................................................... 666 666
J. C. Causey(6)................................................................. 1,512 666
David Smith(6).................................................................. 266 266
Mark Shapiro.................................................................... 133 133
Robert H. Deegan(6)............................................................. 133 133
Mark L. Stockdale(6)............................................................ 133 133
Jay Scott Embry(6).............................................................. 133 133
Matthew Fahey(6)................................................................ 133 133
Mary L. Ondrusek(6)............................................................. 133 133
Steven Kahla(6)................................................................. 399 399
Joshua Levi Love(9)............................................................. 0 1,100
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Assuming each Selling Stockholder sells all of the Shares registered on his
or her behalf pursuant to the Registration Statement, no Selling Stockholder
(other than J.C. Causey as to the 846 shares not subject to the offering unless
such shares are otherwise sold) would own any shares of the Company after
completion of such an offering.
(1) Cynthia H. Love was the Chairman of the Board of ICSS until the merger of
NTN into ICSS. She is currently employed by the Company. Prior to the merger
of NTN into ICSS, she owned 40.9% of the ICSS common stock.
(2) Includes 1,100 Shares Cynthia H. Love holds as custodian for Amber Joy Love,
a minor.
(3) Mark Breeding was the Chief Executive Officer of ICSS until the merger of
NTN into ICSS. He is currently employed by ICSS. Prior to the merger of NTN
into ICSS, he owned 27.9% of the ICSS common stock.
(4) Prior to the merger of NTN into ICSS, Sue Jennings owned 17.62% of the ICSS
common stock.
(5) William A. Fahey was a Vice President of ICSS until the merger of NTN into
ICSS. He is currently employed by ICSS.
(6) Was an employee of ICSS prior to the merger of NTN into ICSS and continues
to be an employee of ICSS.
(7) Jeff Stewart was the Chief Financial Officer of ICSS until the merger of NTN
into ICSS. He is currently employed by ICSS.
(8) Jim Blagg was a Vice President of ICSS until the merge of NTN into ICSS. He
is currently employed by ICSS.
(9) Received 275 Shares as a gift from Sue Jennings and Cynthia H. Love, each,
effective December 31, 1996 and 275 Shares as a gift from Sue Jennings and
Cynthia H. Love, each, effective January 1, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, The Toro Company
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-3 and has duly caused this Post-Effective
Amendment No. 1 to the Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Bloomington, State of
Minnesota, on this 3rd day of February, 1997.
THE TORO COMPANY
By /s/ J. LAWRENCE MCINTYRE
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J. Lawrence McIntyre
VICE PRESIDENT, SECRETARY AND
GENERAL COUNSEL
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.
* Chairman of the Board,
- ------------------------------ Chief Executive Officer February 3, 1997
Kendrick B. Melrose and Director
*
- ------------------------------ Vice President Finance, February 3, 1997
Gerald T. Knight Chief Financial Officer
*
- ------------------------------ Vice President and February 3, 1997
Randy B. James Controller
*
- ------------------------------ Director February 3, 1997
Ronald O. Baukol
*
- ------------------------------ Director February 3, 1997
Robert C. Buhrmaster
*
- ------------------------------ Director February 3, 1997
Janet K. Cooper
*
- ------------------------------ Director February 3, 1997
Alex A. Meyer
*
- ------------------------------ Director February 3, 1997
Robert H. Nassau
*
- ------------------------------ Director February 3, 1997
Dale R. Olseth
*
- ------------------------------ Director February 3, 1997
Edwin H. Wingate
*By /s/ J. LAWRENCE
MCINTYRE
- ------------------------------
J. Lawrence McIntyre
ATTORNEY-IN-FACT
