Stephen Fredette - 05 Jul 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role: Co-President, Director
Signature: /s/ Monica Kleinman as Attorney-in-Fact for Stephen Fredette
Issuer symbol: TOST
Transactions as of: 05 Jul 2023
Net transactions value: -$48,123
Form type: 4
Filing time: 06 Jul 2023, 16:20:53 UTC
Previous filing: 05 Jul 2023
Next filing: 14 Jul 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	Sale	$48,123	-2,168	-0.07%	$22.20	2,973,744	05 Jul 2023	Direct	F1
holding	TOST	Class A Common Stock						37,500	05 Jul 2023	By the Fredette Family Nominee Trust
holding	TOST	Class A Common Stock						2,303,442	05 Jul 2023	By the SHFA 2021 Nominee Trust
holding	TOST	Class A Common Stock						419,991	05 Jul 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.