Jonathan Grimm - 03 May 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role: Chief Technology Officer, 10%+ Owner
Signature: /s/ Monica Kleinman, as Attorney-in-Fact
Issuer symbol: TOST
Transactions as of: 03 May 2022
Net transactions value: -$19,038
Form type: 4
Filing time: 05 May 2022, 18:53:13 UTC
Previous filing: 03 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	Sale	$19,038	-985	-13%	$19.33	6,868	03 May 2022	Direct	F1
holding	TOST	Class A Common Stock						3,084,674	03 May 2022	By The Jonathan M. Grimm Trust

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

Explanation of Responses:

Id	Content
F1	Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and does not represent a discretionary trade by the Reporting Person.

Remarks:

As of the date of this Form 4, the Reporting Person also owns an aggregate of 23,196,615 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.