4//SEC Filing
Grimm Jonathan 4
Accession 0000899243-22-009682
CIK 0001650164other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:31 PM ET
Size
16.7 KB
Accession
0000899243-22-009682
Insider Transaction Report
Form 4
Toast, Inc.TOST
Grimm Jonathan
Chief Technology Officer10% Owner
Transactions
- Conversion
Class A Common Stock
2022-03-03+1,400,000→ 3,084,674 total(indirect: By Trust) - Other
Restricted Stock Units
2022-03-03+25,000→ 25,000 total→ Class A Common Stock (25,000 underlying) - Conversion
Class B Common Stock
2022-03-03−1,400,000→ 20,136,615 total(indirect: By Trust)→ Class A Common Stock (1,400,000 underlying) - Other
Restricted Stock Units
2022-03-03−25,000→ 0 total→ Class B Common Stock (25,000 underlying)
Holdings
- 2,040,000(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (2,040,000 underlying) - 510,000(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (510,000 underlying) - 510,000(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (510,000 underlying)
Footnotes (4)
- [F1]Reflects the voluntary conversion of Class B Common Stock into Class A Common Stock on a one-for-one basis.
- [F2]Each outstanding share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation.
- [F3]In connection with the voluntary conversion described in footnote 1, the outstanding Restricted Stock Units ("RSUs") convertible into Class B Common Stock remain unchanged, except that the RSUs are now convertible into Class A Common Stock upon vesting and settlement.
- [F4]The RSUs shall vest as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years.
Documents
Issuer
Toast, Inc.
CIK 0001650164
Entity typeother
Related Parties
1- filerCIK 0001907485
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 4:31 PM ET
- Size
- 16.7 KB