Brian R. Elworthy - 11 Mar 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Role
General Counsel
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Brian R. Elworthy
Issuer symbol
TOST
Transactions as of
11 Mar 2024
Net transactions value
$0
Form type
4
Filing time
12 Mar 2024, 16:34:36 UTC
Previous filing
06 Feb 2024
Next filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TOST Class A Common Stock 159,632 11 Mar 2024 Direct
holding TOST Class A Common Stock 78,736 11 Mar 2024 By the Brian R. Elworthy Irrevocable Trust of 2019

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 +117,281 $0.000000 117,281 11 Mar 2024 Class A Common Stock 117,281 $24.65 Direct F1
transaction TOST Restricted Stock Units Award $0 +63,826 $0.000000 63,826 11 Mar 2024 Class A Common Stock 63,826 Direct F2, F3
* 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 April 1, 2024.
F2 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.