Michael James Matlock - Mar 10, 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Signature
/s/ Monica Kleinman as Attorney-in-Fact for Michael James Matlock
Stock symbol
TOST
Transactions as of
Mar 10, 2023
Transactions value $
$0
Form type
4
Date filed
3/14/2023, 04:42 PM
Previous filing
Feb 16, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TOST Class A Common Stock 36.5K Mar 10, 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 Award $0 +50.6K $0.00 50.6K Mar 10, 2023 Class A Common Stock 50.6K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 946 shares of Class A Common Stock acquired under the Issuer's 2021 Employee Stock Purchase Plan on March 1, 2023.
F2 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.