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: Gomez Elena (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-01	Class A Common Stock	M	23435	—	Acquired	183050	Direct
2025-01-01	Class A Common Stock	M	6330	—	Acquired	189380	Direct
2025-01-01	Class A Common Stock	M	6316	—	Acquired	195696	Direct
2025-01-02	Class A Common Stock	S	22916	$36.249	Disposed	172780	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-01	Restricted Stock Units	$	M	23435	Disposed		Class A Common Stock (23435)	Direct
2025-01-01	Restricted Stock Units	$	M	6330	Disposed		Class A Common Stock (6330)	Direct
2025-01-01	Restricted Stock Units	$	M	6316	Disposed		Class A Common Stock (6316)	Direct

Footnotes

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

F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2023.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.88 to $36.77, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote.

F4: The RSUs shall vest as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.

F5: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.

F6: The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.