Brian R. Elworthy - 01 Jul 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
01 Jul 2025
Net transactions value
$0
Form type
4
Filing time
02 Jul 2025, 16:31:20 UTC
Previous filing
03 Jun 2025
Next filing
07 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Elworthy Brian R General Counsel TOAST, INC., 333 SUMMER STREET, BOSTON /s/ Xing Yan as Attorney-in-Fact for Brian R. Elworthy 02 Jul 2025 0001869299

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TOST Class A Common Stock Options Exercise +1,250 +0.58% 217,406 01 Jul 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +3,481 +1.6% 220,887 01 Jul 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +3,989 +1.8% 224,876 01 Jul 2025 Direct F1
transaction TOST Class A Common Stock Options Exercise +2,572 +1.1% 227,448 01 Jul 2025 Direct F1
holding TOST Class A Common Stock 39,368 01 Jul 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 Restricted Stock Units Options Exercise $0 -1,250 -100% $0.000000 0 01 Jul 2025 Class A Common Stock 1,250 Direct F1, F2
transaction TOST Restricted Stock Units Options Exercise $0 -3,481 -12% $0.000000 24,373 01 Jul 2025 Class A Common Stock 3,481 Direct F1, F3
transaction TOST Restricted Stock Units Options Exercise $0 -3,989 -8.3% $0.000000 43,881 01 Jul 2025 Class A Common Stock 3,989 Direct F1, F4
transaction TOST Restricted Stock Units Options Exercise $0 -2,572 -6.2% $0.000000 38,584 01 Jul 2025 Class A Common Stock 2,572 Direct F1, F5
* 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 as follows: 25% on July 1, 2022, with remainder vesting in equal quarterly installments over the following three years.
F3 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
F4 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.
F5 The RSUs shall vest in sixteen equal quarterly installments following April 1, 2025.