Stephen Fredette - Jul 5, 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role: Co-President, Director
Signature: /s/ Monica Kleinman as Attorney-in-Fact for Stephen Fredette
Stock symbol: TOST
Transactions as of: Jul 5, 2023
Transactions value $: -$48,123
Form type: 4
Date filed: 7/6/2023, 04:20 PM
Previous filing: Jul 5, 2023
Next filing: Jul 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOST	Class A Common Stock	Sale	-$48.1K	-2.17K	-0.07%	$22.20	2.97M	Jul 5, 2023	Direct	F1
holding	TOST	Class A Common Stock						37.5K	Jul 5, 2023	By the Fredette Family Nominee Trust
holding	TOST	Class A Common Stock						2.3M	Jul 5, 2023	By the SHFA 2021 Nominee Trust
holding	TOST	Class A Common Stock						420K	Jul 5, 2023	By the SHFA Family Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.

Remarks:

As of the date of this Form 4, the Reporting Person also owns an aggregate of 25,972,670 shares of the Class B common stock of the Issuer. Each share of Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.