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Filing Details

Accession Number:: 0001650164-22-000156
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-12-30 17:30:02
Reporting Period:: 2022-12-28

Accepted Time:: 2022-12-30 17:30:02
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1650164	Toast Inc.	TOST	Services-Computer Processing & Data Preparation (7374)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1869139	Aman Narang	401 Park Drive Suite 801 Boston MA 02215	Coo & Co-President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2022-12-14	600,000	$0.00	1,961,769	No	5	G	Direct
Class A Common Stock	Acquisiton	2022-12-14	600,000	$0.00	600,000	No	5	G	Indirect	The Narang Family Trust
Class A Common Stock	Disposition	2022-12-28	583,091	$16.93	16,909	No	4	S	Indirect	The Narang Family Trust
Class A Common Stock	Disposition	2022-12-29	13,449	$18.06	42,367	No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Noah Narang
Class A Common Stock	Disposition	2022-12-29	13,341	$18.06	42,475	No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Lia Narang
Class A Common Stock	Disposition	2022-12-30	7,800	$17.86	9,109	No	4	S	Indirect	The Narang Family Trust
Class A Common Stock	Disposition	2022-12-30	42,367	$18.05	0	No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Noah Narang
Class A Common Stock	Disposition	2022-12-30	42,475	$18.05	0	No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Lia Narang

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	G	Direct
No	5	G	Indirect	The Narang Family Trust
No	4	S	Indirect	The Narang Family Trust
No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Noah Narang
No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Lia Narang
No	4	S	Indirect	The Narang Family Trust
No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Noah Narang
No	4	S	Indirect	By the Narang Family Irrevocable Trust FBO Lia Narang

Footnotes

On December 14, 2022, the Reporting Person made a bona fide gift of 600,000 shares of the Issuer's Class A Common Stock with no payment in consideration.
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 15, 2022.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.75 to $17.17, 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.
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2022.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18 to $18.18, 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18 to $18.17, 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.63 to $18.11, 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.12, 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.13, 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.