Jonathan Grimm - May 3, 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Chief Technology Officer, 10%+ Owner
Signature
/s/ Monica Kleinman, as Attorney-in-Fact
Stock symbol
TOST
Transactions as of
May 3, 2022
Transactions value $
-$19,038
Form type
4
Date filed
5/5/2022, 06:53 PM
Previous filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Sale -$19K -985 -12.54% $19.33 6.87K May 3, 2022 Direct F1
holding TOST Class A Common Stock 3.08M May 3, 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.