0001650164-24-000115.txt : 20240403
0001650164-24-000115.hdr.sgml : 20240403
20240403165301
ACCESSION NUMBER: 0001650164-24-000115
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240401
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fredette Stephen
CENTRAL INDEX KEY: 0001869038
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 24819724
MAIL ADDRESS:
STREET 1: TOAST, INC.
STREET 2: 333 SUMMER STREET
CITY: BOSTON
STATE: MA
ZIP: 02210
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Toast, Inc.
CENTRAL INDEX KEY: 0001650164
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 454168768
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 333 SUMMER STREET
CITY: BOSTON
STATE: MA
ZIP: 02210
BUSINESS PHONE: 617-297-1005
MAIL ADDRESS:
STREET 1: 333 SUMMER STREET
CITY: BOSTON
STATE: MA
ZIP: 02210
4
1
wk-form4_1712177570.xml
FORM 4
X0508
4
2024-04-01
0
0001650164
Toast, Inc.
TOST
0001869038
Fredette Stephen
TOAST, INC.
333 SUMMER STREET
BOSTON
MA
02210
1
1
0
0
President
0
Class A Common Stock
2024-04-01
4
M
0
1565
A
2832334
D
Class A Common Stock
2024-04-01
4
M
0
5697
A
2838031
D
Class A Common Stock
2024-04-02
4
S
0
2272
23.396
D
2835759
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
2024-04-01
4
M
0
1565
0
D
Class A Common Stock
1565
6250
D
Restricted Stock Units
2024-04-01
4
M
0
5697
0
D
Class A Common Stock
5697
68370
D
The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
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 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
2024-04-03