Stephen Fredette - May 3, 2022 Form 4 Insider Report for Toast, Inc. (TOST)

Role: Co-President, Director, 10%+ Owner
Signature: /s/ Monica Kleinman, as Attorney-in-Fact
Stock symbol: TOST
Transactions as of: May 3, 2022
Transactions value $: -$19,077
Form type: 4
Date filed: 5/5/2022, 06:51 PM
Previous filing: May 3, 2022
Next filing: Jul 6, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TOST	Class A Common Stock	Sale	-$19.1K	-987	-0.02%	$19.33	4.31M	May 3, 2022	Direct	F1
holding	TOST	Class A Common Stock						420K	May 3, 2022	By the SHFA Family Trust
holding	TOST	Class A Common Stock						2.3M	May 3, 2022	By the SHFA 2021 Nominee Trust
holding	TOST	Class A Common Stock						37.5K	May 3, 2022	By the Fredette Family Nominee Trust

Showing 1 to 4 of 4 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and does not represent a discretionary trade by the Reporting Person.

Remarks:

As of the date of this Form 4, the Reporting Person also owns an aggregate of 25,972,670 shares of the Class B common stock of the Issuer. Each share of Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer.