Toast, Inc. — Director's Dealing 2021

Oct 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2021-10-27

Reporting Person: Hawkins Mark J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-27	Class A Common Stock	C	52790	—	Acquired	54457	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-27	Class B Common Stock	$	C	52790	Disposed		Class A Common Stock (52790.0)	Direct
2021-10-27	Restricted Stock Units	$	J	105580	Disposed	2027-04-27	Class B Common Stock (105580.0)	Direct
2021-10-27	Restricted Stock Units	$	J	105580	Acquired	2027-04-27	Class A Common Stock (105580.0)	Direct
2021-10-27	Restricted Stock Units	$	J	9550	Disposed	2028-04-28	Class B Common Stock (9550.0)	Direct
2021-10-27	Restricted Stock Units	$	J	9550	Acquired	2028-04-28	Class A Common Stock (9550.0)	Direct

Footnotes

F1: Reflects the voluntary conversion of Class B Common Stock into Class A Common Stock on a one-for-one basis.

F2: In connection with the voluntary conversion described in footnote 1, the outstanding Restricted Stock Units ("RSUs") convertible into Class B Common Stock remain unchanged, except that the RSUs are now convertible into Class A Common Stock upon vesting and settlement.

F3: The RSUs shall vest in two equal annual installments: 50% on April 27, 2022 and 50% on April 27, 2023.

F4: The RSUs shall vest in full on May 1, 2022.