Patrick Deval L - Jun 6, 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Deval L. Patrick
Stock symbol
TOST
Transactions as of
Jun 6, 2024
Transactions value $
$0
Form type
4
Date filed
6/10/2024, 04:38 PM
Previous filing
Jun 7, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise $0 +11.6K +32.3% $0.00 47.5K Jun 6, 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 -11.6K -100% $0.00* 0 Jun 6, 2024 Class A Common Stock 11.6K $0.00 Direct F1, F2, F3
transaction TOST Restricted Stock Units Award $0 +9.71K $0.00 9.71K Jun 6, 2024 Class A Common Stock 9.71K $0.00 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 The RSUs vested in full on June 6, 2024.
F3 Not Applicable.
F4 The RSUs shall vest in full on the earlier of 1) June 6, 2025 and 2) the next annual meeting of the Issuer's stockholders following the grant date.