Filing Details
- Accession Number:
- 0001650164-23-000358
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-03 16:23:15
- Reporting Period:
- 2023-11-01
- Accepted Time:
- 2023-11-03 16:23:15
- 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 |
|---|---|---|---|---|---|---|---|
| 1869038 | Stephen Fredette | Toast, Inc. 401 Park Drive Boston MA 02215 | Co-President | 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 | 2023-11-01 | 3,521 | $0.00 | 2,824,665 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-11-02 | 966 | $17.12 | 2,823,699 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | 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 | Restricted Stock Units | Disposition | 2023-11-01 | 3,521 | $0.00 | 3,521 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 31,689 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 37,500 | Indirect | By the Fredette Family Nominee Trust |
| Class A Common Stock | 2,303,442 | Indirect | By the SHFA 2021 Nominee Trust |
| Class A Common Stock | 419,991 | Indirect | By the SHFA Family Trust |
Footnotes
- Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs, and does not represent a discretionary trade by the Reporting Person.
- The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.
Billionaire Hedge Funds
