Brian R. Elworthy - Oct 18, 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role: General Counsel
Signature: /s/ Monica Kleinman as Attorney-in-Fact for Brian R. Elworthy
Stock symbol: TOST
Transactions as of: Oct 18, 2022
Transactions value $: -$2,007,500
Form type: 4
Date filed: 10/20/2022, 04:54 PM
Previous filing: Oct 5, 2022
Next filing: Nov 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOST	Class A Common Stock	Sale	-$2.01M	-100K	-22.63%	$20.08	342K	Oct 18, 2022	Direct	F1, F2
holding	TOST	Class A Common Stock						104K	Oct 18, 2022	By the Brian R. Elworthy Irrevocable Trust of 2019

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2022.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

Content

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2022.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.