Stephen Fredette - 01 May 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Reporting relationship: Co-President, Director, 10%+ Owner
Issuer ticker: TOST
Reported as of: 01 May 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 May 2022, 19:11:15 UTC
Prior SEC filing: 05 Apr 2022
Next SEC filing: 05 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Monica Kleinman, as Attorney-in-Fact

Key filing fact

Stephen Fredette filed Form 4 for Toast, Inc. (TOST) on 03 May 2022.

Key facts

This page summarizes Stephen Fredette's Form 4 filing for Toast, Inc. (TOST).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 03 May 2022, 19:11.

Change

Previous filing in this sequence was filed on 05 Apr 2022.
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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TOST transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +3,521
Change %: +0.08%
Price
Shares after: 4,310,629
Date: 01 May 2022
Ownership: Direct
Footnotes: F1

TOST holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 419,991
Date: 01 May 2022
Ownership: By the SHFA Family Trust

TOST holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,303,442
Date: 01 May 2022
Ownership: By the SHFA 2021 Nominee Trust

TOST holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 37,500
Date: 01 May 2022
Ownership: By the Fredette Family Nominee Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TOST transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,521
Change %: -6.2%
Price: $0.000000
Shares after: 52,815
Date: 01 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,521
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

Footnote F2

The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.

SEC remarks

As of the date of this Form 4, the Reporting Person also owns an aggregate of 25,972,670 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.