Michael James Matlock - Mar 11, 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Principal Accounting Officer
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Michael James Matlock
Stock symbol
TOST
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/12/2024, 04:31 PM
Previous filing
Feb 16, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TOST Class A Common Stock 39.8K Mar 11, 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 Stock Option (Right to Buy) Award $0 +29.3K $0.00 29.3K Mar 11, 2024 Class A Common Stock 29.3K $24.65 Direct F2
transaction TOST Restricted Stock Units Award $0 +16K $0.00 16K Mar 11, 2024 Class A Common Stock 16K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 990 shares of Class A Common Stock acquired under the Issuer's 2021 Employee Stock Purchase Plan on March 1, 2024.
F2 The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following April 1, 2024.
F3 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F4 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.