Brian R. Elworthy - 10 Mar 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role
General Counsel
Signature
/s/ Xing Yan as Attorney-in-Fact for Brian R. Elworthy
Issuer symbol
TOST
Transactions as of
10 Mar 2025
Transactions value $
$0
Form type
4
Filing time
11 Mar 2025, 16:50:18 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 209K 10 Mar 2025 Direct
holding TOST Class A Common Stock 78.7K 10 Mar 2025 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 +75.7K $0.00 75.7K 10 Mar 2025 Class A Common Stock 75.7K $33.49 Direct F1
transaction TOST Restricted Stock Units Award $0 +41.2K $0.00 41.2K 10 Mar 2025 Class A Common Stock 41.2K 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.