Christopher P. Comparato - Dec 27, 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Chief Executive Officer, Director
Signature
/s/ Monica Kleinman, as Attorney-in-Fact for Christopher P. Comparato
Stock symbol
TOST
Transactions as of
Dec 27, 2023
Transactions value $
$99,987
Form type
4
Date filed
12/29/2023, 05:14 PM
Previous filing
Dec 19, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise $100K +5.75K +12.16% $17.38 53.1K Dec 27, 2023 Direct

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 Stock Option (Right to Buy) Options Exercise $0 -5.75K -0.85% $0.00 669K Dec 27, 2023 Class A Common Stock 5.75K $17.38 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following February 1, 2022.

Remarks:

As of the date of this Form 4, the Reporting Person also owns an aggregate of 9,008,280 shares of Class B common stock of the Issuer. Each Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.