Christopher P. Comparato - Mar 15, 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role: Chief Executive Officer, Director
Signature: /s/ Monica Kleinman, as Attorney-in-Fact
Stock symbol: TOST
Transactions as of: Mar 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/17/2022, 04:33 PM
Previous filing: Mar 7, 2022
Next filing: Apr 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TOST	Class A Common Stock						300K	Mar 15, 2022	Direct
holding	TOST	Class A Common Stock						1.16M	Mar 15, 2022	By the Comparato Family Holdings Trust dated July 27, 2018

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TOST	Stock Option (Right to Buy)	Award	$0	+681K		$0.00	681K	Mar 15, 2022	Class A Common Stock	681K	$17.38	Direct	F1
transaction	TOST	Restricted Stock Units	Award	$0	+125K		$0.00	125K	Mar 15, 2022	Class A Common Stock	125K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following February 1, 2022.
F2	Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3	The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.