Toast, Inc. — Director's Dealing 2021

Sep 22, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2021-09-21

Reporting Person: Technology Investment Dining Group, LLC (10% Owner)
Reporting Person: Papa Steve (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35945195	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Preferred Stock	$		Common Stock (18072290)		Direct
Series B Preferred Stock	$		Common Stock (1279555)		Direct

Footnotes

F1: Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock shall be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. Each outstanding share of Class B Common Stock will be convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation.

F2: The shares are held directly by Technology Investment Dining Group, LLC. These shares are owned indirectly by Steven Papa by virtue of him being the managing member of Technology Investment Dining Group, LLC.

F3: Each share of the Issuer's Series A Preferred Stock and Series B Preferred Stock will automatically convert into shares of Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and has no expiration date.