Jonathan Vassil - Feb 1, 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Signature
/s/ Monica Kleinman as Attorney-in-Fact for Jonathan Vassil
Stock symbol
TOST
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 05:29 PM
Previous filing
Jan 4, 2024
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +2.93K +14.01% 23.9K Feb 1, 2024 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 -2.93K -11.11% $0.00 23.5K Feb 1, 2024 Class A Common Stock 2.93K 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 RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.