PATRICK DEVAL L - 08 Jun 2023 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Director
Signature
/s/ Monica Kleinman as Attorney-in-Fact for Deval L. Patrick
Issuer symbol
TOST
Transactions as of
08 Jun 2023
Net transactions value
$0
Form type
4
Filing time
12 Jun 2023, 16:30:37 UTC
Previous filing
09 Jun 2023
Next filing
14 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TOST Class A Common Stock 28,244 08 Jun 2023 Direct

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 Award $0 +11,593 $0.000000 11,593 08 Jun 2023 Class A Common Stock 11,593 $0.000000 Direct F1, F2, F3
* 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 full on the earlier of 1) June 8, 2024 and 2) the next annual meeting of the Issuer?s stockholders following the grant date.
F3 Not Applicable.