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

Signature
/s/ Monica Kleinman as Attorney-in-Fact for Brian R. Elworthy
Stock symbol
TOST
Transactions as of
Dec 22, 2022
Transactions value $
$49,725
Form type
4
Date filed
12/23/2022, 03:59 PM
Previous filing
Nov 3, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise $49.7K +22.5K +6.55% $2.21* 366K Dec 22, 2022 Direct
holding TOST Class A Common Stock 104K Dec 22, 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 -22.5K -5% $0.00 428K Dec 22, 2022 Class A Common Stock 22.5K $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.