HMI Capital Management, L.P. - Jan 27, 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role: 10%+ Owner
Signature: By: Emily M. Brakebill, COO of HMI Capital Management, L.P., for itself HMI Capital Fund GP, LLC, for itself and as general partner of HMI Capital Partners, L.P., as attorney-in-fact for Mr. Hellman, Mr. Nyweide, Mr. Barrett, and Mr. Mahendran
Stock symbol: TOST
Transactions as of: Jan 27, 2022
Transactions value $: $14,305,541
Form type: 4
Date filed: 1/31/2022, 08:52 PM
Previous filing: Jan 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOST	Class A Common Stock	Purchase	$6.11M	+307K	+2.98%	$19.86	10.6M	Jan 27, 2022	See Footnotes	F1, F3, F4
transaction	TOST	Class A Common Stock	Purchase	$414K	+20.8K	+0.2%	$19.86	10.7M	Jan 27, 2022	See Footnotes	F2, F3, F4
transaction	TOST	Class A Common Stock	Purchase	$7.29M	+365K	+3.42%	$19.98	11M	Jan 28, 2022	See Footnotes	F1, F3, F4
transaction	TOST	Class A Common Stock	Purchase	$494K	+24.7K	+0.22%	$19.98	11M	Jan 28, 2022	See Footnotes	F2, F3, F4

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

Id	Content
F1	Directly held by HMI Capital Partners, L.P. ("HMI Capital Partners").
F2	Directly held by Merckx Capital Partners, L.P. ("Merckx").
F3	HMI Capital Management, L.P. ("HMI") serves as the investment advisor to HMI Capital Partners and Merckx. HMI Capital Fund GP, LLC ("GP LLC") serves as the general partner of HMI Capital Partners and Merckx. Members GP, LLC serves as the general partner of HMI. Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, and Mr. Radhakrishnan Raman Mahendran are the investment committee members of HMI. Because of their relationship with HMI Capital Partners and Merckx, each of HMI, GP LLC, Members GP, LLC, Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, and Mr. Radhakrishnan Raman Mahendran may be deemed to beneficially own securities reported herein.
F4	HMI Capital Partners, Merckx, HMI, HMI Capital Fund GP, LLC, Members GP, LLC, Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, and Mr. Radhakrishnan Raman Mahendran expressly disclaim beneficial ownership over any of the securities reported herein except to the extent of their pecuniary interest therein, if any. The filing of this statement shall not be construed as an admission that HMI Capital Partners, Merckx, HMI, HMI Capital Fund GP, LLC, Members GP, LLC, Mr. Marco W. Hellman, Mr. Justin C. Nyweide, Mr. Sean M. Barrett, or Mr. Radhakrishnan Raman Mahendran are the beneficial owners of any of the securities reported herein.