Toast, Inc. - Director's Dealing 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Vassil Jonathan (Chief Revenue Officer)

Security	Shares	Ownership
Class A Common Stock	17955	Direct

Security	Exercise Price	Expiration	Underlying	Ownership
Stock Option (Right to Buy)	$0.52	2027-09-26	Class A Common Stock (497211)	Direct
Stock Option (Right to Buy)	$2.21	2030-04-21	Class A Common Stock (454755)	Direct
Stock Option (Right to Buy)	$17.38	2032-03-15	Class A Common Stock (255298)	Direct
Stock Option (Right to Buy)	$17.33	2033-03-10	Class A Common Stock (228241)	Direct
Stock Option (Right to Buy)	$2.07	2029-06-24	Class A Common Stock (251785)	Direct
Restricted Stock Units	$		Class A Common Stock (26408)	Direct
Restricted Stock Units	$		Class A Common Stock (66471)	Direct

F1: The shares subject to this option are fully vested as of the date hereof.

F2: The shares subject to this option shall vest in twenty equal quarterly installments over five years following April 21, 2020.

F3: The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following February 1, 2022.

F4: The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following April 1, 2023.

F5: The shares subject to this option are fully vested as of the date hereof, except for 15,000 shares that shall vest on March 1, 2024.

F6: The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.

F7: The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.

F8: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.