Aman Narang - 01 May 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Signature
/s/ Xing Yan as Attorney-in-Fact for Aman Narang
Issuer symbol
TOST
Transactions as of
01 May 2025
Net transactions value
-$60,631
Form type
4
Filing time
05 May 2025, 16:39:00 UTC
Previous filing
03 Apr 2025
Next filing
02 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Narang Aman CEO, Director TOAST, INC., 333 SUMMER STREET, BOSTON /s/ Xing Yan as Attorney-in-Fact for Aman Narang 05 May 2025 0001869139

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +3,521 +1.2% 290,506 01 May 2025 Direct F1
transaction TOST Class A Common Stock Sale $60,631 -1,680 -0.58% $36.09 288,826 02 May 2025 Direct F2

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 -3,521 -25% $0.000000 10,563 01 May 2025 Class A Common Stock 3,521 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F2 Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.
F3 The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.

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.