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

Role
COO & Co-President, Director, 10%+ Owner
Signature
/s/ Monica Kleinman, as Attorney-in-Fact
Stock symbol
TOST
Transactions as of
May 3, 2022
Transactions value $
-$19,115
Form type
4
Date filed
5/5/2022, 06:54 PM
Previous filing
May 3, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Sale -$19.1K -989 -0.04% $19.33 2.55M May 3, 2022 Direct F1
holding TOST Class A Common Stock 15.1K May 3, 2022 By the Narang Family Irrevocable Trust FBO Vijay and Madhu Narang
holding TOST Class A Common Stock 170K May 3, 2022 By the Narang Family Irrevocable Trust FBO Fitzgerald Family
holding TOST Class A Common Stock 79.6K May 3, 2022 By the Narang Family Irrevocable Trust FBO Varun Narang
holding TOST Class A Common Stock 55.8K May 3, 2022 By the Narang Family Irrevocable Trust FBO Lia Narang
holding TOST Class A Common Stock 55.8K May 3, 2022 By the Narang Family Irrevocable Trust FBO Noah Narang
* 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 18,912,840 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.