Grimm Jonathan 4

4 · Toast, Inc. · Filed May 3, 2022

Form 4

Period: 2022-05-01

Chief Technology Officer10% Owner

Transactions

Exercise/Conversion
Class A Common Stock
2022-05-01+3,521→ 7,853 total
Exercise/Conversion
Restricted Stock Units
2022-05-01−3,521→ 52,815 total
→ Class A Common Stock (3,521 underlying)
Gift
Class B Common Stock
2022-04-13−36,452→ 1,745,215 total(indirect: By Trust)
→ Class A Common Stock (36,452 underlying)

Holdings

Class A Common Stock
(indirect: By Trust)
3,084,674
Class B Common Stock
(indirect: By Trust)
→ Class A Common Stock (20,431,400 underlying)
20,431,400
Class B Common Stock
(indirect: By Trust)
→ Class A Common Stock (510,000 underlying)
510,000
Class B Common Stock
(indirect: By Trust)
→ Class A Common Stock (510,000 underlying)
510,000

Footnotes (4)

[F1]Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
[F2]The RSUs shall vest in sixteen equal quarterly installments following February 1, 2022.
[F3]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.
[F4]Reflects 36,452 shares of Class B Common Stock transferred from The Jonathan M. Grimm 2020 Grantor Retained Annuity Trust to The Jonathan M. Grimm Trust in connection with an annual GRAT distribution.

Documents

1 file