Brian R. Elworthy - 22 Dec 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role: General Counsel
Signature: /s/ Monica Kleinman as Attorney-in-Fact for Brian R. Elworthy
Issuer symbol: TOST
Transactions as of: 22 Dec 2022
Net transactions value: +$49,725
Form type: 4
Filing time: 23 Dec 2022, 15:59:55 UTC
Previous filing: 03 Nov 2022
Next filing: 04 Jan 2023
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	Options Exercise	$49,725	+22,500	+6.6%	$2.21^*	365,934	22 Dec 2022	Direct
holding	TOST	Class A Common Stock						103,736	22 Dec 2022	By the Brian R. Elworthy Irrevocable Trust of 2019

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	Stock Option (Right to Buy)	Options Exercise	$0	-22,500	-5%	$0.000000	427,500	22 Dec 2022	Class A Common Stock	22,500	$2.21	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The shares subject to this option shall vest in twenty equal quarterly installments over five years following April 21, 2020.