0001650164-23-000326.txt : 20231003
0001650164-23-000326.hdr.sgml : 20231003
20231003163400
ACCESSION NUMBER: 0001650164-23-000326
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231001
FILED AS OF DATE: 20231003
DATE AS OF CHANGE: 20231003
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: 231304358
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_1696365228.xml
FORM 4
X0508
4
2023-10-01
0
0001650164
Toast, Inc.
TOST
0001869038
Fredette Stephen
TOAST, INC.
401 PARK DRIVE
BOSTON
MA
02215
1
1
0
0
Co-President
0
Class A Common Stock
2023-10-01
4
M
0
1565
A
2817729
D
Class A Common Stock
2023-10-01
4
M
0
5697
A
2823426
D
Class A Common Stock
37500
I
By the Fredette Family Nominee Trust
Class A Common Stock
2303442
I
By the SHFA 2021 Nominee Trust
Class A Common Stock
419991
I
By the SHFA Family Trust
Restricted Stock Units
2023-10-01
4
M
0
1565
0
D
Class A Common Stock
1565
9375
D
Restricted Stock Units
2023-10-01
4
M
0
5697
0
D
Class A Common Stock
5697
79765
D
The Restricted Stock Units ("RSUs") convert into Class A 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.
The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
As of the date of this Form 4, the Reporting Person also owns an aggregate of 25,972,670 shares of the Class B common stock of the Issuer. Each share of 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 Stephen Fredette
2023-10-03