Mark J. Hawkins - 27 Apr 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Mark J. Hawkins
Issuer symbol
TOST
Transactions as of
27 Apr 2022
Net transactions value
$0
Form type
4
Filing time
29 Apr 2022, 16:58:16 UTC
Previous filing
29 Oct 2021
Next filing
02 May 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 Options Exercise +52,790 +97% 107,247 27 Apr 2022 Direct F1

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 Restricted Stock Units Options Exercise $0 -52,790 -50% $0.000000 52,790 27 Apr 2022 Class A Common Stock 52,790 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 The RSUs vest in two equal annual installments: 50% vested on April 27, 2022 and 50% shall vest on April 27, 2023.