Patrick Deval L - Feb 22, 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Brian Elworthy as Attorney-in-Fact for Deval L. Patrick
Stock symbol
TOST
Transactions as of
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 03:55 PM
Previous filing
Dec 19, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +7.64K +82.04% 17K Feb 22, 2023 Direct F1

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 Restricted Stock Units Options Exercise $0 -7.64K -49.98% $0.00 7.65K Feb 22, 2023 Class A Common Stock 7.64K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 The RSUs vest in three equal annual installments over three years following February 22, 2021.