Stephen Fredette - 31 Dec 2021 Form 5 Insider Report for Toast, Inc. (TOST)

Role: Director, 10%+ Owner
Signature: /s/ Monica Kleinman, as Attorney-in-Fact for Stephen Fredette
Issuer symbol: TOST
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 5
Filing time: 14 Feb 2022, 15:01:49 UTC
Previous filing: 24 Nov 2021
Next filing: 07 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOST	Class A Common Stock	Gift	$0	-200,000	-6.4%	$0.000000	2,942,869	02 Dec 2021	Direct	F1
holding	TOST	Class A Common Stock						192,543	31 Dec 2021	By the SHFA Family Trust
holding	TOST	Class A Common Stock						37,500	31 Dec 2021	By the Fredette Family Nominee Trust
holding	TOST	Class A Common Stock						1,012,152	31 Dec 2021	By the SHFA 2021 Nominee Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 2, 2021, the Reporting Person made a bona fide gift of 200,000 shares of the Issuer's Class A Common Stock to a donor-advised fund. The donee is subject to a lock-up agreement with the underwriters for the Issuer's initial public offering.

Remarks:

As of the date of this Form 5, the Reporting Person also owns an aggregate of 28,851,311 shares of the Class B common stock of the Issuer. Each share of Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.