Toast, Inc. — Director's Dealing 2024

Jun 10, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2024-06-06

Reporting Person: Yuan David (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-06	Class A Common Stock	M	11593	—	Acquired	26599	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-06-06	Restricted Stock Units	$0	M	11593	Disposed		Class A Common Stock (11593)	Direct
2024-06-06	Restricted Stock Units	$0	A	9712	Acquired		Class A Common Stock (9712)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	223013	Indirect
Class A Common Stock	388614	Indirect
Class A Common Stock	23373	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: Includes 3,714 shares of Class A Common Stock received in a prior distribution in-kind from Tidemark Capital made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.

F3: The shares are held directly by Tidemark Fund I-A LP. The reporting person is the sole controlling member of the general partner of the general partner of Tidemark Fund I-A LP. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F4: The shares are held directly by Tidemark Fund I LP. The reporting person is the sole controlling member of the general partner of the general partner of Tidemark Fund I LP. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F5: The shares are held directly by Tidemark Executive Fund I LP. The reporting person is the sole controlling member of the general partner of the general partner of Tidemark Executive Fund I LP. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F6: The RSUs vested in full on June 6, 2024.

F7: Not Applicable.

F8: The RSUs shall vest in full on the earlier of 1) June 6, 2025 and 2) the next annual meeting of the Issuer's stockholders following the grant date.