Stephen Fredette - Jan 4, 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Co-President, Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Stephen Fredette
Stock symbol
TOST
Transactions as of
Jan 4, 2023
Transactions value $
-$9,762
Form type
4
Date filed
1/5/2023, 04:32 PM
Previous filing
Jan 4, 2023
Next filing
Jan 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Sale -$9.76K -541 -0.01% $18.05 3.79M Jan 4, 2023 Direct F1
holding TOST Class A Common Stock 37.5K Jan 4, 2023 By the Fredette Family Nominee Trust
holding TOST Class A Common Stock 2.3M Jan 4, 2023 By the SHFA 2021 Nominee Trust
holding TOST Class A Common Stock 420K Jan 4, 2023 By the SHFA Family Trust
* 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 an aggregate of 25,972,670 shares of the Class B common stock of the Issuer. Each share of Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.