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Toast, Inc. — Director's Dealing 2024
Apr 3, 2024
30205_dirs_2024-04-03_17ac4485-dc2e-40fe-87dd-c0e78866183b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2024-04-01
Reporting Person: Narang Aman (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-01 | Class A Common Stock | M | 1565 | — | Acquired | 1110594 | Direct |
| 2024-04-01 | Class A Common Stock | M | 6331 | — | Acquired | 1116925 | Direct |
| 2024-04-02 | Class A Common Stock | S | 2471 | $23.396 | Disposed | 1114454 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Restricted Stock Units | $ | M | 1565 | Disposed | Class A Common Stock (1565) | Direct | |
| 2024-04-01 | Restricted Stock Units | $ | M | 6331 | Disposed | Class A Common Stock (6331) | 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.