Toast, Inc. — Director's Dealing 2022

Mar 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2022-03-15

Reporting Person: Fredette Stephen (Director, Co-President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-11	Class A Common Stock	G	23287	$0.00	Acquired	4302772	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-15	Stock Option (Right to Buy)	$17.38	A	306358	Acquired	2032-03-15	Class A Common Stock (306358)	Direct
2022-03-15	Restricted Stock Units	$	A	56336	Acquired		Class A Common Stock (56336)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	419991	Indirect
Class A Common Stock	2303442	Indirect
Class A Common Stock	37500	Indirect

Footnotes

F1: Reflects 23,287 shares of Class A Common Stock transferred from the SHFA 2021 Nominee Trust to the Reporting Person in connection with an annual GRAT distribution.

F2: The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following February 1, 2022.

F3: Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

F4: The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.