Christopher P. Comparato - Aug 19, 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Chief Executive Officer, Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Christopher P. Comparato
Stock symbol
TOST
Transactions as of
Aug 19, 2022
Transactions value $
$0
Form type
4
Date filed
8/19/2022, 05:02 PM
Previous filing
Aug 3, 2022
Next filing
Sep 21, 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 +165K +14.22% 1.33M Aug 19, 2022 By the Comparato Family Holdings Trust dated July 27, 2018 F1, F2
holding TOST Class A Common Stock 322K Aug 19, 2022 Direct

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 -165K -2.51% $0.00 6.42M Aug 19, 2022 Class A Common Stock 165K By the Comparato Family Holdings Trust dated July 27, 2018 F1, F2
holding TOST Class B Common Stock 2.36M Aug 19, 2022 Class A Common Stock 2.36M Direct F2
holding TOST Class B Common Stock 200K Aug 19, 2022 Class A Common Stock 200K EAC Irrevocable Trust F2
holding TOST Class B Common Stock 200K Aug 19, 2022 Class A Common Stock 200K CEC Irrevocable Trust F2
holding TOST Class B Common Stock 200K Aug 19, 2022 Class A Common Stock 200K SCC Irrevocable Trust F2
* 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.
F2 Each outstanding share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation.