Filing Details
- Accession Number:
- 0000899243-21-037907
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-09-27 21:27:41
- Reporting Period:
- 2021-09-24
- Accepted Time:
- 2021-09-27 21:27:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1650164 | Toast Inc. | TOST | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1430437 | J Mark Hawkins | Toast, Inc. 401 Park Drive, Suite 801 Boston MA 02215 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2021-09-24 | 52,790 | $0.00 | 0 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2021-09-24 | 1,667 | $40.00 | 1,667 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-09-24 | 52,790 | $0.00 | 52,790 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2021-09-24 | 105,580 | $0.00 | 105,580 | $0.00 |
| Class B Common Stock | Restricted Stock Units | Acquisiton | 2021-09-24 | 105,580 | $0.00 | 105,580 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2021-09-24 | 9,550 | $0.00 | 9,550 | $0.00 |
| Class B Common Stock | Restricted Stock Units | Acquisiton | 2021-09-24 | 9,550 | $0.00 | 9,550 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 52,790 | No | 4 | J | Direct | ||
| 0 | 2027-04-27 | No | 4 | J | Direct | |
| 105,580 | 2027-04-27 | No | 4 | J | Direct | |
| 0 | 2028-04-28 | No | 4 | J | Direct | |
| 9,550 | 2028-04-28 | No | 4 | J | Direct |
Footnotes
- Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- Each outstanding share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation.
- Restricted Stock Units ("RSUs") convert into Class B Common Stock on a one-for-one basis upon vesting and settlement.
- The RSUs shall vest shall vest in two equal annual installments: 50% on April 27, 2022 and 50% on April 27, 2023.
- The RSUs shall vest in full on May 1, 2022.
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