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Filing Details

Accession Number:: 0001650164-24-000332
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-10-03 16:58:47
Reporting Period:: 2024-10-01

Accepted Time:: 2024-10-03 16:58:47
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
1674159	Elena Gomez	Toast, Inc. 333 Summer Street Boston MA 02210	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2024-10-01	23,440	$0.00	207,371	No	4	M	Direct
Class A Common Stock	Acquisiton	2024-10-01	6,331	$0.00	213,702	No	4	M	Direct
Class A Common Stock	Acquisiton	2024-10-01	6,316	$0.00	220,018	No	4	M	Direct
Class A Common Stock	Disposition	2024-10-01	11,477	$28.38	208,541	No	4	S	Direct
Class A Common Stock	Disposition	2024-10-01	1,023	$28.83	207,518	No	4	S	Direct
Class A Common Stock	Disposition	2024-10-02	18,650	$27.77	188,868	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Disposition	2024-10-01	23,440	$0.00	23,440	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2024-10-01	6,331	$0.00	6,331	$0.00
Class A Common Stock	Restricted Stock Units	Disposition	2024-10-01	6,316	$0.00	6,316	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
46,875	No	4	M	Direct
63,305	No	4	M	Direct
88,426	No	4	M	Direct

Footnotes

The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2023.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.81 to $28.80, 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 $28.81 to $28.86, 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.
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 as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.
The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.