Richard Kent Bennett - 02 Jun 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Kent Bennett
Issuer symbol
TOST
Transactions as of
02 Jun 2022
Net transactions value
$0
Form type
4
Filing time
03 Jun 2022, 17:56:56 UTC
Previous filing
19 May 2022
Next filing
19 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TOST Class A Common Stock 294,796 02 Jun 2022 Direct

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 Award $0 +11,292 $0.000000 11,292 02 Jun 2022 Class A Common Stock 11,292 $0.000000 See footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 The RSUs shall vest in full on June 2, 2023.
F3 Not Applicable.
F4 The Reporting Person has agreed to assign to Deer Management Co. LLC the right to any shares issuable pursuant to this grant or any proceeds from the sale thereof