Gail Miller - Mar 10, 2025 Form 4 Insider Report for Toast, Inc. (TOST)

Role
Principal Accounting Officer
Signature
/s/ Xing Yan as Attorney-in-Fact for Gail Miller
Stock symbol
TOST
Transactions as of
Mar 10, 2025
Transactions value $
$0
Form type
4
Date filed
3/11/2025, 04:49 PM
Previous filing
Mar 4, 2025
SEC
View on sec.gov

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 Stock Option (Right to Buy) Award $0 +111K $0.00 111K Mar 10, 2025 Class A Common Stock 111K $33.49 Direct F1
transaction TOST Restricted Stock Units Award $0 +90.5K $0.00 90.5K Mar 10, 2025 Class A Common Stock 90.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12.5% of the shares subject to this option shall vest and become exercisable on October 1, 2025, with the remainder vesting in fourteen equal quarterly installments thereafter.
F2 Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
F3 The RSUs shall vest as follows: 12.5% shall vest on October 1, 2025, with the remainder vesting in equal quarterly installments over the following three and half years.