Toast, Inc. — Director's Dealing 2025

Jan 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Toast, Inc. (TOST)
CIK: 0001650164
Period of Report: 2025-01-01

Reporting Person: Fredette Stephen (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-01	Class A Common Stock	M	1560	—	Acquired	1634822	Direct
2025-01-01	Class A Common Stock	M	5698	—	Acquired	1640520	Direct
2025-01-01	Class A Common Stock	M	5651	—	Acquired	1646171	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-01	Restricted Stock Units	$	M	1560	Disposed		Class A Common Stock (1560)	Direct
2025-01-01	Restricted Stock Units	$	M	5698	Disposed		Class A Common Stock (5698)	Direct
2025-01-01	Restricted Stock Units	$	M	5651	Disposed		Class A Common Stock (5651)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	66896	Indirect
Class A Common Stock	2303442	Indirect
Class A Common Stock	419991	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: The RSUs shall vest as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.

F3: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.

F4: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.