0001650164-24-000328.txt : 20241003 0001650164-24-000328.hdr.sgml : 20241003 20241003165700 ACCESSION NUMBER: 0001650164-24-000328 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241001 FILED AS OF DATE: 20241003 DATE AS OF CHANGE: 20241003 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: 241352218 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_1727989014.xml FORM 4 X0508 4 2024-10-01 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 2024-10-01 4 M 0 1565 A 1835631 D Class A Common Stock 2024-10-01 4 M 0 5697 A 1841328 D Class A Common Stock 2024-10-01 4 M 0 5651 A 1846979 D Class A Common Stock 2024-10-02 4 S 0 5511 27.765 D 1841468 D Class A Common Stock 177500 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 2024-10-01 4 M 0 1565 0 D Class A Common Stock 1565 3125 D Restricted Stock Units 2024-10-01 4 M 0 5697 0 D Class A Common Stock 5697 56975 D Restricted Stock Units 2024-10-01 4 M 0 5651 0 D Class A Common Stock 5651 79119 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 an aggregate of 25,722,670 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 2024-10-03