0000899243-21-037918.txt : 20210927
0000899243-21-037918.hdr.sgml : 20210927
20210927213248
ACCESSION NUMBER: 0000899243-21-037918
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210924
FILED AS OF DATE: 20210927
DATE AS OF CHANGE: 20210927
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fredette Stephen
CENTRAL INDEX KEY: 0001869038
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 211283379
MAIL ADDRESS:
STREET 1: TOAST, INC.
STREET 2: 401 PARK DRIVE, SUITE 801
CITY: BOSTON
STATE: MA
ZIP: 02215
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
2021-09-24
0
0001650164
Toast, Inc.
TOST
0001869038
Fredette Stephen
TOAST, INC.
401 PARK DRIVE, SUITE 801
BOSTON
MA
02215
1
1
0
0
Co-President
Common Stock
2021-09-24
4
J
0
23653040
D
0
D
Common Stock
2021-09-24
4
J
0
6833335
D
0
I
See footnote
Common Stock
2021-09-24
4
J
0
2000000
D
0
I
See footnote
Common Stock
2021-09-24
4
J
0
750000
D
0
I
See footnote
Class B Common Stock
2021-09-24
4
J
0
23653040
0.00
A
Class A Common Stock
23653040
23653040
D
Class B Common Stock
2021-09-24
4
J
0
6833335
0.00
A
Class A Common Stock
6833335
6833335
I
See footnote
Class B Common Stock
2021-09-24
4
J
0
2000000
0.00
A
Class A Common Stock
2000000
2000000
I
See footnote
Class B Common Stock
2021-09-24
4
J
0
750000
0.00
A
Class A Common Stock
750000
750000
I
See footnote
Stock Option (Right to Buy)
15.27
2021-09-24
4
J
0
75000
0.00
D
2031-03-22
Common Stock
75000
0
D
Stock Option (Right to Buy)
15.27
2021-09-24
4
J
0
75000
0.00
A
2031-03-22
Class B Common Stock
75000
75000
D
Restricted Stock Units
2021-09-24
4
J
0
25000
0.00
D
2028-03-22
Common Stock
25000
0
D
Restricted Stock Units
2021-09-24
4
J
0
25000
0.00
A
2028-03-22
Class B Common Stock
25000
25000
D
Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
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.
Shares held by the SHFA 2021 Nominee Trust.
Shares held by the SHFA Family Trust.
Shares held by the Fredette Family Nominee Trust.
The shares subject to this option shall vest in twenty equal quarterly installments over five years following March 22, 2021.
The Restricted Stock Units ("RSUs") convert into Class B Common Stock on a one-for-one basis upon vesting and settlement.
The RSUs shall vest as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.
/s/ Brian R. Elworthy, as Attorney-in-Fact
2021-09-27