0001650164-23-000294.txt : 20230803 0001650164-23-000294.hdr.sgml : 20230803 20230803162701 ACCESSION NUMBER: 0001650164-23-000294 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230801 FILED AS OF DATE: 20230803 DATE AS OF CHANGE: 20230803 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Narang Aman CENTRAL INDEX KEY: 0001869139 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40819 FILM NUMBER: 231140495 MAIL ADDRESS: STREET 1: TOAST, INC. STREET 2: 401 PARK DRIVE 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: 454168768 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 401 PARK DRIVE CITY: BOSTON STATE: MA ZIP: 02215 BUSINESS PHONE: 617-297-1005 MAIL ADDRESS: STREET 1: 401 PARK DRIVE CITY: BOSTON STATE: MA ZIP: 02215 4 1 wk-form4_1691094413.xml FORM 4 X0508 4 2023-08-01 0 0001650164 Toast, Inc. TOST 0001869139 Narang Aman TOAST, INC. 401 PARK DRIVE BOSTON MA 02215 1 1 0 0 COO & Co-President 0 Class A Common Stock 2023-08-01 4 M 0 3521 A 1517690 D Class A Common Stock 2023-08-01 4 S 0 124532 21.659 D 1393158 D Class A Common Stock 2023-08-02 4 S 0 1100 20.744 D 1392058 D Class A Common Stock 9109 I The Narang Family Trust Restricted Stock Units 2023-08-01 4 M 0 3521 0 D Class A Common Stock 3521 35210 D 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 November 14, 2022. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.505 to $21.88, 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 in sixteen equal quarterly installments following February 1, 2022. As of the date of this Form 4, the Reporting Person also owns 18,912,840 shares of Class B common stock of the Issuer. Each Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer. /s/ Monica Kleinman as Attorney-in-Fact for Aman Narang 2023-08-03