Aman Narang - 24 Nov 2021 Form 4 Insider Report for Toast, Inc. (TOST)

Signature
/s/ Monica Kleinman as Attorney-in-Fact for Aman Narang
Issuer symbol
TOST
Transactions as of
24 Nov 2021
Net transactions value
$0
Form type
4
Filing time
24 Nov 2021, 15:03:04 UTC
Previous filing
27 Sep 2021
Next filing
23 Dec 2021

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 +3,385,000 $0.000000 3,385,000 24 Nov 2021 Direct F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +2,660 $0.000000 2,660 24 Nov 2021 By the Narang Family Irrevocable Trust FBO Vijay and Madhu Narang F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +30,000 $0.000000 30,000 24 Nov 2021 By the Narang Family Irrevocable Trust FBO Fitzgerald Family F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +14,051 $0.000000 14,051 24 Nov 2021 By the Narang Family Irrevocable Trust FBO Varun Narang F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +9,849 $0.000000 9,849 24 Nov 2021 By the Narang Family Irrevocable Trust FBO Lia Narang F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +9,849 $0.000000 9,849 24 Nov 2021 By the Narang Family Irrevocable Trust FBO Noah Narang F1

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 -3,385,000 -14% $0.000000 20,387,840 24 Nov 2021 Class A Common Stock 3,385,000 Direct F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -2,660 -15% $0.000000 15,075 24 Nov 2021 Class A Common Stock 2,660 By the Narang Family Irrevocable Trust FBO Vijay and Madhu Narang F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -30,000 -15% $0.000000 170,000 24 Nov 2021 Class A Common Stock 30,000 By the Narang Family Irrevocable Trust FBO Fitzgerald Family F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -14,051 -15% $0.000000 79,624 24 Nov 2021 Class A Common Stock 14,051 By the Narang Family Irrevocable Trust FBO Varun Narang F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -9,849 -15% $0.000000 55,816 24 Nov 2021 Class A Common Stock 9,849 By the Narang Family Irrevocable Trust FBO Lia Narang F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -9,849 -15% $0.000000 55,816 24 Nov 2021 Class A Common Stock 9,849 By the Narang Family Irrevocable Trust FBO Noah Narang F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the voluntary conversion of Class B Common Stock into Class A Common Stock on a one-for-one basis.