Aman Narang - 04 Oct 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role
COO & Co-President, Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Aman Narang
Issuer symbol
TOST
Transactions as of
04 Oct 2022
Net transactions value
-$7,684
Form type
4
Filing time
05 Oct 2022, 16:24:08 UTC
Previous filing
04 Oct 2022
Next filing
03 Nov 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 Sale $7,684 -445 -0.02% $17.27 2,559,327 04 Oct 2022 Direct F1
holding TOST Class A Common Stock 170,000 04 Oct 2022 By the Narang Family Irrevocable Trust FBO Fitzgerald Family
holding TOST Class A Common Stock 55,816 04 Oct 2022 By the Narang Family Irrevocable Trust FBO Lia Narang
holding TOST Class A Common Stock 79,624 04 Oct 2022 By the Narang Family Irrevocable Trust FBO Varun Narang
holding TOST Class A Common Stock 55,816 04 Oct 2022 By the Narang Family Irrevocable Trust FBO Noah Narang
holding TOST Class A Common Stock 15,075 04 Oct 2022 By the Narang Family Irrevocable Trust FBO Vijay and Madhu Narang
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.

Remarks:

As of the date of this Form 4, the Reporting Person also owns 18,912,840 shares of the Class B common stock of the Issuer. Each share of the Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.