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

Role
Co-President, Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Stephen Fredette
Stock symbol
TOST
Transactions as of
Nov 24, 2021
Transactions value $
$0
Form type
4
Date filed
11/24/2021, 03:04 PM
Previous filing
Sep 27, 2021
Next filing
Feb 14, 2022

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 +3.14M $0.00 3.14M Nov 24, 2021 Direct F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +193K $0.00 193K Nov 24, 2021 By the SHFA Family Trust F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +37.5K $0.00 37.5K Nov 24, 2021 By the Fredette Family Nominee Trust F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +1.01M $0.00 1.01M Nov 24, 2021 By the SHFA 2021 Nominee Trust 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 -2.39M -10.45% $0.00 20.5M Nov 24, 2021 Class A Common Stock 2.39M Direct F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -193K -9.63% $0.00 1.81M Nov 24, 2021 Class A Common Stock 193K By the SHFA Family Trust F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -37.5K -5% $0.00 713K Nov 24, 2021 Class A Common Stock 37.5K By the Fredette Family Nominee Trust F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -1.01M -14.81% $0.00 5.82M Nov 24, 2021 Class A Common Stock 1.01M By the SHFA 2021 Nominee Trust 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.