Elena Gomez - 01 Feb 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Signature
/s/ Monica Kleinman as Attorney-in-Fact for Elena Gomez
Issuer symbol
TOST
Transactions as of
01 Feb 2024
Net transactions value
$0
Form type
4
Filing time
02 Feb 2024, 17:32:21 UTC
Previous filing
04 Jan 2024
Next filing
06 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +3,913 +2.3% 174,227 01 Feb 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 -3,913 -11% $0.000000 31,298 01 Feb 2024 Class A Common Stock 3,913 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.