Paul D. Bell - 02 Jun 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Paul D. Bell
Issuer symbol
TOST
Transactions as of
02 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:35:57 UTC
Previous filing
03 Jun 2022
Next filing
12 Jun 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 $0 +11,292 +5.2% $0.000000 229,087 02 Jun 2023 Direct F1, F2

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 -11,292 -100% $0.000000* 0 02 Jun 2023 Class A Common Stock 11,292 $0.000000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 Includes 172,454 shares of Class A Common Stock received in a prior distribution in-kind from Lead Edge Capital made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
F3 The RSUs vested in full on June 2, 2023.
F4 Not Applicable.