Aman Narang - 10 Mar 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role
CEO, Director
Signature
/s/ Xing Yan as Attorney-in-Fact for Aman Narang
Issuer symbol
TOST
Transactions as of
10 Mar 2025
Net transactions value
$0
Form type
4
Filing time
11 Mar 2025, 16:49:16 UTC
Previous filing
05 Feb 2025
Next filing
03 Apr 2025
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 275,886 10 Mar 2025 Direct

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 +252,246 $0.000000 252,246 10 Mar 2025 Class A Common Stock 252,246 $33.49 Direct F1
transaction TOST Restricted Stock Units Award $0 +137,189 $0.000000 137,189 10 Mar 2025 Class A Common Stock 137,189 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, 2025.
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, 2025.

Remarks:

As of the date of this Form 4, the Reporting Person also owns 18,912,840 shares of Class B common stock of the Issuer. Each Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.