Elena Gomez - Apr 1, 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Chief Financial Officer
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Elena Gomez
Stock symbol
TOST
Transactions as of
Apr 1, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 04:52 PM
Previous filing
Apr 4, 2023
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +23.4K +22.43% 128K Apr 1, 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 -23.4K -11.11% $0.00 188K Apr 1, 2023 Class A Common Stock 23.4K 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 shall vest as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.