Christopher P. Comparato - 10 Dec 2024 Form 4 Insider Report for Toast, Inc. (TOST)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Dec 2024, 16:42:00 UTC
Prior SEC filing
22 Nov 2024
Next SEC filing
20 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Monica Kleinman, as Attorney-in-Fact for Christopher P. Comparato

Key filing fact

Christopher P. Comparato filed Form 4 for Toast, Inc. (TOST) on 12 Dec 2024.

Key facts

  • This page summarizes Christopher P. Comparato's Form 4 filing for Toast, Inc. (TOST).
  • 8 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 12 Dec 2024, 16:42.

Change

  • Previous filing in this sequence was filed on 22 Nov 2024.
  • Current net transaction value: $0.

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

Conversion of derivative security

Transaction value
$0
Shares
+40,000
Change %
+28%
Price
$0.000000
Shares after
182,451
Date
10 Dec 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

TOST transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-40,000
Change %
-2%
Price
$0.000000
Shares after
1,951,390
Date
10 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
40,000
Exercise price
Footnotes
F1, F2
TOST transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
$0
Shares
-635,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
10 Dec 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
635,000
Exercise price
$1.52
Footnotes
F1, F3, F4
TOST transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
$0
Shares
+635,000
Change %
Price
$0.000000
Shares after
635,000
Date
10 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
635,000
Exercise price
$1.52
Footnotes
F1, F3, F4
TOST transaction Derivative

Class B Common Stock

Gift

Transaction value
$0
Shares
-270,000
Change %
-4.2%
Price
$0.000000
Shares after
6,146,890
Date
10 Dec 2024
Ownership
By the Comparato Family Holdings Trust dated July 27, 2018
Underlying class
Class A Common Stock
Underlying amount
270,000
Exercise price
Footnotes
F2, F5
TOST transaction Derivative

Class B Common Stock

Gift

Transaction value
$0
Shares
+90,000
Change %
+45%
Price
$0.000000
Shares after
290,000
Date
10 Dec 2024
Ownership
SCC Irrevocable Trust
Underlying class
Class A Common Stock
Underlying amount
90,000
Exercise price
Footnotes
F2, F5
TOST transaction Derivative

Class B Common Stock

Gift

Transaction value
$0
Shares
+90,000
Change %
+45%
Price
$0.000000
Shares after
290,000
Date
10 Dec 2024
Ownership
CEC Irrevocable Trust
Underlying class
Class A Common Stock
Underlying amount
90,000
Exercise price
Footnotes
F2, F5
TOST transaction Derivative

Class B Common Stock

Gift

Transaction value
$0
Shares
+90,000
Change %
+45%
Price
$0.000000
Shares after
290,000
Date
10 Dec 2024
Ownership
EAC Irrevocable Trust
Underlying class
Class A Common Stock
Underlying amount
90,000
Exercise price
Footnotes
F2, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Reflects the voluntary conversion of Class B Common Stock on a one-for-one basis.

Footnote F2

Each outstanding share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation.

Footnote F3

In connection with the voluntary conversion described in footnote 1, the outstanding options to purchase shares of Class B Common Stock remain unchanged, except that they now represent the option to purchase Class A Common Stock.

Footnote F4

The shares subject to this option are fully vested and exercisable as of the date hereof.

Footnote F5

Represents a transfer for no consideration for estate planning purposes.

SEC remarks

As of the date of this Form 4, the Reporting Person also owns an aggregate of 8,968,280 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.

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