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

Role
Director, 10%+ Owner
Signature
/s/ Monica Kleinman, as Attorney-in-Fact for Stephen Fredette
Stock symbol
TOST
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/14/2022, 03:01 PM
Previous filing
Nov 24, 2021
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Gift $0 -200K -6.36% $0.00 2.94M Dec 2, 2021 Direct F1
holding TOST Class A Common Stock 193K Dec 31, 2021 By the SHFA Family Trust
holding TOST Class A Common Stock 37.5K Dec 31, 2021 By the Fredette Family Nominee Trust
holding TOST Class A Common Stock 1.01M Dec 31, 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.