0000899243-22-038860.txt : 20221216
0000899243-22-038860.hdr.sgml : 20221216
20221216175444
ACCESSION NUMBER: 0000899243-22-038860
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221214
FILED AS OF DATE: 20221216
DATE AS OF CHANGE: 20221216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bessemer Venture Partners IX Institutional L.P.
CENTRAL INDEX KEY: 0001624149
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469133
BUSINESS ADDRESS:
STREET 1: 1865 PALMER AVENUE
STREET 2: SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-5300
MAIL ADDRESS:
STREET 1: 1865 PALMER AVENUE
STREET 2: SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Deer IX & Co. Ltd.
CENTRAL INDEX KEY: 0001655220
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469132
BUSINESS ADDRESS:
STREET 1: C/O BESSEMER VENTURE PARTNERS
STREET 2: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-5300
MAIL ADDRESS:
STREET 1: C/O BESSEMER VENTURE PARTNERS
STREET 2: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bessemer Venture Partners IX L.P.
CENTRAL INDEX KEY: 0001655213
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469134
BUSINESS ADDRESS:
STREET 1: C/O BESSEMER VENTURE PARTNERS
STREET 2: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-5300
MAIL ADDRESS:
STREET 1: C/O BESSEMER VENTURE PARTNERS
STREET 2: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Deer IX & Co. L.P.
CENTRAL INDEX KEY: 0001655219
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469131
BUSINESS ADDRESS:
STREET 1: C/O BESSEMER VENTURE PARTNERS
STREET 2: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-5300
MAIL ADDRESS:
STREET 1: C/O BESSEMER VENTURE PARTNERS
STREET 2: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bessemer Venture Partners Century Fund L.P.
CENTRAL INDEX KEY: 0001787478
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469130
BUSINESS ADDRESS:
STREET 1: 1865 PALMER AVENUE
STREET 2: SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-9100
MAIL ADDRESS:
STREET 1: 1865 PALMER AVENUE
STREET 2: SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Deer X & Co. L.P.
CENTRAL INDEX KEY: 0001768637
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469127
BUSINESS ADDRESS:
STREET 1: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-5300
MAIL ADDRESS:
STREET 1: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Deer X & Co. Ltd.
CENTRAL INDEX KEY: 0001768677
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469128
BUSINESS ADDRESS:
STREET 1: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-5300
MAIL ADDRESS:
STREET 1: 1865 PALMER AVENUE, SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bessemer Venture Partners Century Fund Institutional L.P.
CENTRAL INDEX KEY: 0001787477
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 221469129
BUSINESS ADDRESS:
STREET 1: 1865 PALMER AVENUE
STREET 2: SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
BUSINESS PHONE: 914-833-9100
MAIL ADDRESS:
STREET 1: 1865 PALMER AVENUE
STREET 2: SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Toast, Inc.
CENTRAL INDEX KEY: 0001650164
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 401 PARK DRIVE
STREET 2: SUITE 801
CITY: BOSTON
STATE: MA
ZIP: 02215
BUSINESS PHONE: 617-297-1005
MAIL ADDRESS:
STREET 1: 401 PARK DRIVE
STREET 2: SUITE 801
CITY: BOSTON
STATE: MA
ZIP: 02215
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-12-14
0
0001650164
Toast, Inc.
TOST
0001655213
Bessemer Venture Partners IX L.P.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104
LARCHMONT
NY
10538
0
0
1
0
0001624149
Bessemer Venture Partners IX Institutional L.P.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104
LARCHMONT
NY
10538
0
0
1
0
0001655220
Deer IX & Co. Ltd.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVE., SUITE 104
LARCHMONT
NY
10538
0
0
1
0
0001655219
Deer IX & Co. L.P.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104
LARCHMONT
NY
10538
0
0
1
0
0001787478
Bessemer Venture Partners Century Fund L.P.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104
LARCHMONT
NY
10538
0
0
1
0
0001787477
Bessemer Venture Partners Century Fund Institutional L.P.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104
LARCHMONT
NY
10538
0
0
1
0
0001768677
Deer X & Co. Ltd.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104
LARCHMONT
NY
10538
0
0
1
0
0001768637
Deer X & Co. L.P.
C/O BESSEMER VENTURE PARTNERS
1865 PALMER AVENUE, SUITE 104
LARCHMONT
NY
10538
0
0
1
0
Class A Common Stock
2022-12-14
4
C
0
561518
0.00
A
561518
I
See footnotes
Class A Common Stock
2022-12-14
4
S
0
561518
19.81
D
0
I
See footnotes
Class A Common Stock
2022-12-15
4
C
0
135692
0.00
A
135692
I
See footnotes
Class A Common Stock
2022-12-15
4
S
0
135692
19.08
D
0
I
See footnotes
Class B Common Stock
2022-12-14
4
C
0
561518
0.00
D
Class A Common Stock
561518
34327913
I
See footnotes
Class B Common Stock
2022-12-15
4
C
0
135692
0.00
D
Class A Common Stock
135692
34192221
I
See footnotes
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.
Represents 311,755 shares converted from Class B Common Stock to Class A Common Stock by Bessemer Venture Partners IX, L.P. ("Bessemer IX") and 249,763 shares converted from Class B Common Stock to Class A Common Stock by Bessemer Venture Partners IX Institutional, L.P. ("Bessemer Institutional", and together with Bessemer IX, the "Bessemer IX Funds").
Deer IX & Co. Ltd. ("Deer IX Ltd.") is the general partner of Deer IX & Co. L.P. ("Deer IX L.P."), which is the general partner of each of the Bessemer IX Funds. Deer IX Ltd. and Deer IX L.P. disclaim beneficial ownership of the securities held by the Bessemer IX Funds, and this report shall not be deemed an admission that Deer IX Ltd. and Deer IX L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the Bessemer IX Funds.
Deer X & Co. Ltd. ("Deer X Ltd.") is the general partner of Deer X & Co. L.P. ("Deer X L.P."), which is the general partner of the Bessemer Century Funds. Deer X Ltd. and Deer X L.P. disclaim beneficial ownership of the securities held by Bessemer Venture Partners Century Fund L.P. ("Bessemer Century") and Bessemer Venture Partners Century Fund Institutional L.P. ("Bessemer Century Institutional", and together with Bessemer Century, the "Bessemer Century Funds"), and this report shall not be deemed an admission that Deer X Ltd. and Deer X L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the Bessemer Century Funds.
On December 14, 2022, Bessemer IX and Bessemer Institutional sold 311,755 shares and 249,763 shares of Class A Common Stock, respectively.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.34 to $20.13, 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 the ranges set forth in this footnote.
Represents 75,336 shares converted from Class B Common Stock to Class A Common Stock by Bessemer IX and 60,356 shares converted from Class B Common Stock to Class A Common Stock by Bessemer Institutional.
On December 15, 2022, Bessemer IX and Bessemer Institutional sold 135,692 shares and 60,356 shares of Class A Common Stock, respectively.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.33, 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 the ranges set forth in this footnote.
After the transaction reported in footnote 2, Bessemer IX, Bessemer Institutional, Bessemer Century and Bessemer Century Institutional own 17,226,432 shares of Class B Common Stock, 13,801,006 shares of Class B Common Stock, 451,505 shares of Class B Common Stock, and 2,848,970 shares of Class B Common Stock, respectively.
As of the date hereof, Bessemer IX, Bessemer Institutional, Bessemer Century and Bessemer Century Institutional own 17,090,740 shares of Class B Common Stock, 13,740,650 shares of Class B Common Stock, 451,505 shares of Class B Common Stock, and 2,848,970 shares of Class B Common Stock, respectively.
/s/ Scott Ring, General Counsel, Deer IX & Co. Ltd., the General Partner of Deer IX & Co. L.P., the General Partner of Bessemer Venture Partners IX L.P.
2022-12-16
/s/ Scott Ring, General Counsel, Deer IX & Co. Ltd., the General Partner of Deer IX & Co. L.P., the General Partner of Bessemer Venture Partners IX Institutional L.P.
2022-12-16
/s/ Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P., the General Partner of Bessemer Venture Partners Century Fund L.P.
2022-12-16
/s/ Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P., the General Partner of Bessemer Venture Partners Century Fund Institutional L.P.
2022-12-16
/s/ Scott Ring, General Counsel, Deer IX & Co. Ltd., the General Partner of Deer IX & Co. L.P.
2022-12-16
/s/ Scott Ring, General Counsel, Deer IX & Co. Ltd.
2022-12-16
/s/ Scott Ring, General Counsel, Deer X & Co. Ltd., the General Partner of Deer X & Co. L.P.
2022-12-16
/s/ Scott Ring, General Counsel, Deer X & Co. Ltd.
2022-12-16