Technology Investment Dining Group, LLC - 21 Jul 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
10%+ Owner
Signature
TECHNOLOGY INVESTMENT DINING GROUP, LLC, By: /s/ Steven Papa, Managing Member
Issuer symbol
TOST
Transactions as of
21 Jul 2023
Net transactions value
$0
Form type
4
Filing time
25 Jul 2023, 18:39:44 UTC
Previous filing
01 Aug 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 Conversion of derivative security $0 +31,675,329 +514% $0.000000 37,843,646 21 Jul 2023 Direct F1, F2

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 Class B Common Stock Conversion of derivative security $0 -31,675,329 -100% $0.000000* 0 21 Jul 2023 Class A Common Stock 31,675,329 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Technology Investment Dining Group, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects the voluntary conversion of Class B Common Stock on a one-for-one basis. Following the voluntary conversion of Class B Common Stock reported in Table I, the Reporting Person is no longer a 10% Owner.
F2 The shares are held directly by Technology Investment Dining Group, LLC. These shares are owned indirectly by Steven Papa by virtue of him being the managing member of Technology Investment Dining Group, LLC.