Michael James Matlock - 01 Aug 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Aug 2024, 16:41:06 UTC
Prior SEC filing
03 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Monica Kleinman as Attorney-in-Fact for Michael James Matlock

Key filing fact

Michael James Matlock filed Form 4 for Toast, Inc. (TOST) on 05 Aug 2024.

Key facts

  • This page summarizes Michael James Matlock's Form 4 filing for Toast, Inc. (TOST).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 05 Aug 2024, 16:41.

Change

  • Previous filing in this sequence was filed on 03 Jul 2024.
  • Current net transaction value: -$220,161.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TOST transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+15,625
Change %
+32%
Price
Shares after
63,743
Date
01 Aug 2024
Ownership
Direct
Footnotes
F1
TOST transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+978
Change %
+1.5%
Price
Shares after
64,721
Date
01 Aug 2024
Ownership
Direct
Footnotes
F1
TOST transaction

Class A Common Stock

Sale

Transaction value
$220,161
Shares
-9,173
Change %
-14%
Price
$24.00
Shares after
55,548
Date
02 Aug 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TOST transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-15,625
Change %
-17%
Price
$0.000000
Shares after
78,125
Date
01 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,625
Exercise price
Footnotes
F1, F3
TOST transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-978
Change %
-14%
Price
$0.000000
Shares after
5,869
Date
01 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
978
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

Footnote 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.

Footnote F3

The RSUs shall vest as follows: 25% shall vest on November 1, 2022, with the remainder vesting in equal quarterly installments of 6.25% over the following three years.

Footnote F4

The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.

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