PATRICK DEVAL L - 06 Jun 2024 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
06 Jun 2024
Net transactions value
$0
Form type
4
Filing time
10 Jun 2024, 16:38:29 UTC
Previous filing
07 Jun 2024
Next filing
05 Aug 2024
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 Options Exercise $0 +11,593 +32% $0.000000 47,482 06 Jun 2024 Direct F1

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 -11,593 -100% $0.000000* 0 06 Jun 2024 Class A Common Stock 11,593 $0.000000 Direct F1, F2, F3
transaction TOST Restricted Stock Units Award $0 +9,712 $0.000000 9,712 06 Jun 2024 Class A Common Stock 9,712 $0.000000 Direct F1, F3, F4
* 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 vested in full on June 6, 2024.
F3 Not Applicable.
F4 The RSUs shall vest in full on the earlier of 1) June 6, 2025 and 2) the next annual meeting of the Issuer's stockholders following the grant date.