Key facts
- This page summarizes Jonathan Grimm's Form 3 filing for Toast, Inc. (TOST).
- 0 reported transactions and 7 derivative rows are listed below.
- Accepted by SEC: 07 Feb 2022, 16:50.
Jonathan Grimm - 28 Jan 2022 Form 3 Insider Report for Toast, Inc. (TOST)
- Reporting relationship
- Chief Technology Officer, 10%+ Owner
- Issuer ticker
- TOST
- Reported as of
- 28 Jan 2022
- Net transaction value
- $0
- SEC form
- 3
- Accepted by SEC
- 07 Feb 2022, 16:50:37 UTC
- Next SEC filing
- 07 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Monica Kleinman, Attorney-in-Fact for Jonathan M. Grimm
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jonathan Grimm filed Form 3 for Toast, Inc. (TOST) on 07 Feb 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TOST
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,684,674
- Date
- 28 Jan 2022
- Ownership
- See footnote
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TOST
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 28 Jan 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 21,536,615
- Exercise price
- Footnotes
- F1, F2
TOST
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 28 Jan 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,040,000
- Exercise price
- Footnotes
- F2, F3
TOST
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 28 Jan 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 510,000
- Exercise price
- Footnotes
- F2, F4
TOST
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 28 Jan 2022
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 510,000
- Exercise price
- Footnotes
- F2, F5
TOST
holding
Derivative
Stock Option (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 28 Jan 2022
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 1,425,000
- Exercise price
- $1.51
- Footnotes
- F6
TOST
holding
Derivative
Stock Option (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 28 Jan 2022
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 75,000
- Exercise price
- $15.26
- Footnotes
- F7
TOST
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 28 Jan 2022
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 25,000
- Exercise price
- Footnotes
- F8, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 9 footnotes
Footnote F1
Shares held by The Jonathan M. Grimm Trust.
Footnote F2
Each outstanding share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation.
Footnote F3
Shares held by The Jonathan M. Grimm 2020 Grantor Retained Annuity Trust.
Footnote F4
Shares held by The Grimm Children GST-Exempt Irrevocable Trust FBO Grayson Grimm.
Footnote F5
Shares held by The Grimm Children GST-Exempt Irrevocable Trust FBO Lily Grimm.
Footnote F6
The shares subject to this option are fully vested and exercisable as of the date hereof.
Footnote F7
The shares subject to this option shall vest in twenty equal quarterly installments over five years following March 22, 2021.
Footnote F8
The Restricted Stock Units ("RSUs") shall vest as follows: 25% shall vest on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.
Footnote F9
The RSUs convert into Class B Common Stock on a one-for-one basis upon vesting and settlement.
SEC remarks
Exhibit 24 - Power of Attorney