Toast, Inc. — Director's Dealing 2024

Jul 3, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2024-07-01

Reporting Person: Narang Aman (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-07-01	Class A Common Stock	M	1560	—	Acquired	1118471	Direct
2024-07-01	Class A Common Stock	M	6330	—	Acquired	1124801	Direct
2024-07-01	Class A Common Stock	M	12597	—	Acquired	1137398	Direct
2024-07-02	Class A Common Stock	S	6355	$25.642	Disposed	1131043	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-07-01	Restricted Stock Units	$	M	1560	Disposed		Class A Common Stock (1560)	Direct
2024-07-01	Restricted Stock Units	$	M	6330	Disposed		Class A Common Stock (6330)	Direct
2024-07-01	Restricted Stock Units	$	M	12597	Disposed		Class A Common Stock (12597)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	9109	Indirect

Footnotes

F1: The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

F2: Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting
Person.

F3: The RSUs shall vest as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.

F4: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.

F5: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.