Aman Narang - 01 Jul 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
01 Jul 2025
Net transactions value
$0
Form type
4
Filing time
02 Jul 2025, 16:28:00 UTC
Previous filing
05 May 2025
Next filing
07 Jul 2025
SEC
View on sec.gov

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 02 Jul 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 +6,330 +2.2% 295,156 01 Jul 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +12,597 +4.3% 307,753 01 Jul 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +8,574 +2.8% 316,327 01 Jul 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 -6,330 -12% $0.000000 44,314 01 Jul 2025 Class A Common Stock 6,330 Direct F1, F2
transaction TOST Restricted Stock Units Options Exercise $0 -12,597 -8.3% $0.000000 138,571 01 Jul 2025 Class A Common Stock 12,597 Direct F1, F3
transaction TOST Restricted Stock Units Options Exercise $0 -8,574 -6.2% $0.000000 128,615 01 Jul 2025 Class A Common Stock 8,574 Direct F1, 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 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.
F4 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.