Filing Details
- Accession Number:
- 0001650164-23-000241
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-21 16:05:05
- Reporting Period:
- 2023-06-20
- Accepted Time:
- 2023-06-21 16:05:05
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1650164 | Toast Inc. | TOST | Services-Computer Processing & Data Preparation (7374) | 454168768 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1868272 | P Christopher Comparato | Toast, Inc. 401 Park Drive Boston MA 02215 | Chief Executive Officer | Yes | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2023-06-20 | 375,000 | $0.00 | 425,816 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2023-06-20 | 8,947 | $21.62 | 416,869 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | 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 | Disposition | 2023-06-20 | 375,000 | $0.00 | 375,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,991,390 | No | 4 | C | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 200,000 | 200,000 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 200,000 | 200,000 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 200,000 | 200,000 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 6,416,890 | 6,416,890 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 200,000 | 200,000 | Indirect | |
| 200,000 | 200,000 | Indirect | |
| 200,000 | 200,000 | Indirect | |
| 6,416,890 | 6,416,890 | Indirect |
Footnotes
- Reflects the voluntary conversion of Class B Common Stock into Class A Common Stock on a one-for-one basis.
- 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.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2023.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.36 to $22.12, 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.
Billionaire Hedge Funds
