Jonathan Vassil - 01 Jan 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role: Chief Revenue Officer
Signature: /s/ Monica Kleinman as Attorney-in-Fact for Jonathan Vassil
Issuer symbol: TOST
Transactions as of: 01 Jan 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2025, 16:36:48 UTC
Previous filing: 12 Nov 2024
Next filing: 06 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOST	Class A Common Stock	Options Exercise		+4,748	+12%		44,582	01 Jan 2025	Direct	F1
transaction	TOST	Class A Common Stock	Options Exercise		+4,987	+11%		49,569	01 Jan 2025	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	-4,748	-10%	$0.000000	42,731	01 Jan 2025	Class A Common Stock	4,748		Direct	F1, F2
transaction	TOST	Restricted Stock Units	Options Exercise	$0	-4,987	-7.1%	$0.000000	64,824	01 Jan 2025	Class A Common Stock	4,987		Direct	F1, F3

* 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 shall vest in sixteen equal quarterly installments following April 1, 2023.
F3	The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.