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

Role
Co-President, Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Stephen Fredette
Issuer symbol
TOST
Transactions as of
24 Nov 2021
Net transactions value
$0
Form type
4
Filing time
24 Nov 2021, 15:04:28 UTC
Previous filing
27 Sep 2021
Next filing
14 Feb 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 +3,142,869 $0.000000 3,142,869 24 Nov 2021 Direct F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +192,543 $0.000000 192,543 24 Nov 2021 By the SHFA Family Trust F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +37,500 $0.000000 37,500 24 Nov 2021 By the Fredette Family Nominee Trust F1
transaction TOST Class A Common Stock Conversion of derivative security $0 +1,012,152 $0.000000 1,012,152 24 Nov 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 -2,392,869 -10% $0.000000 20,510,171 24 Nov 2021 Class A Common Stock 2,392,869 Direct F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -192,543 -9.6% $0.000000 1,807,457 24 Nov 2021 Class A Common Stock 192,543 By the SHFA Family Trust F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -37,500 -5% $0.000000 712,500 24 Nov 2021 Class A Common Stock 37,500 By the Fredette Family Nominee Trust F1
transaction TOST Class B Common Stock Conversion of derivative security $0 -1,012,152 -15% $0.000000 5,821,183 24 Nov 2021 Class A Common Stock 1,012,152 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.