0000899243-21-037926.txt : 20210927
0000899243-21-037926.hdr.sgml : 20210927
20210927213635
ACCESSION NUMBER: 0000899243-21-037926
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: Gomez Elena
CENTRAL INDEX KEY: 0001674159
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 211283398
MAIL ADDRESS:
STREET 1: C/O ZENDESK, INC.
STREET 2: 1019 MARKET STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
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
0001674159
Gomez Elena
TOAST, INC.
401 PARK DRIVE, SUITE 801
BOSTON
MA
02215
0
1
0
0
Chief Financial Officer
Stock Option (Right to Buy)
15.27
2021-09-24
4
J
0
1875000
0.00
D
2031-03-22
Common Stock
1875000
0
D
Stock Option (Right to Buy)
15.27
2021-09-24
4
J
0
1875000
0.00
A
2031-03-22
Class B Common Stock
1875000
1875000
D
Restricted Stock Units
2021-09-24
4
J
0
375000
0.00
D
2028-03-22
Common Stock
375000
0
D
Restricted Stock Units
2021-09-24
4
J
0
375000
0.00
A
2028-03-22
Class B Common Stock
375000
375000
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.
20% of the shares subject to this option shall vest and become exercisable on March 8, 2022, with the remainder vesting in sixteen equal quarterly installments thereafter.
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% shall vest 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