0001650164-24-000240.txt : 20240703
0001650164-24-000240.hdr.sgml : 20240703
20240703163730
ACCESSION NUMBER: 0001650164-24-000240
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240701
FILED AS OF DATE: 20240703
DATE AS OF CHANGE: 20240703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Narang Aman
CENTRAL INDEX KEY: 0001869139
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40819
FILM NUMBER: 241100603
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_1720039043.xml
FORM 4
X0508
4
2024-07-01
0
0001650164
Toast, Inc.
TOST
0001869139
Narang Aman
TOAST, INC.
333 SUMMER STREET
BOSTON
MA
02210
1
1
0
0
CEO
0
Class A Common Stock
2024-07-01
4
M
0
1560
A
1118471
D
Class A Common Stock
2024-07-01
4
M
0
6330
A
1124801
D
Class A Common Stock
2024-07-01
4
M
0
12597
A
1137398
D
Class A Common Stock
2024-07-02
4
S
0
6355
25.642
D
1131043
D
Class A Common Stock
9109
I
The Narang Family Trust
Restricted Stock Units
2024-07-01
4
M
0
1560
0
D
Class A Common Stock
1560
4690
D
Restricted Stock Units
2024-07-01
4
M
0
6330
0
D
Class A Common Stock
6330
69636
D
Restricted Stock Units
2024-07-01
4
M
0
12597
0
D
Class A Common Stock
12597
188960
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.
The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.
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
2024-07-03