Toast, Inc. — Director's Dealing 2024

Nov 12, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2024-11-08

Reporting Person: Vassil Jonathan (Chief Revenue Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-11-08	Class A Common Stock	M	47211	$0.52	Acquired	87045	Direct
2024-11-08	Class A Common Stock	M	52789	$2.07	Acquired	139834	Direct
2024-11-08	Class A Common Stock	S	26352	$35.612	Disposed	113482	Direct
2024-11-08	Class A Common Stock	S	50932	$36.728	Disposed	62550	Direct
2024-11-08	Class A Common Stock	S	22716	$37.246	Disposed	39834	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-08	Stock Option (Right to Buy)	$0.52	M	47211	Disposed	2027-09-26	Class A Common Stock (47211)	Direct
2024-11-08	Stock Option (Right to Buy)	$2.07	M	52789	Disposed	2029-06-24	Class A Common Stock (52789)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2024.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.99 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.99, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.77, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

F5: The shares subject to this option are fully vested and exercisable as of the date hereof.