Mark J. Hawkins - 27 Apr 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Mark J. Hawkins
Issuer symbol
TOST
Transactions as of
27 Apr 2023
Net transactions value
$0
Form type
4
Filing time
28 Apr 2023, 16:55:28 UTC
Previous filing
07 Mar 2023
Next filing
15 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +52,790 +82% 116,797 27 Apr 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 -52,790 -100% $0.000000* 0 27 Apr 2023 Class A Common Stock 52,790 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 RSU's vest in two equal annual installments: 50% vested on April 27, 2022 and 50% shall vest on April 27, 2023.