Matlock James Michael 4
4 · Toast, Inc. · Filed Jul 3, 2024
Insider Transaction Report
Form 4
Toast, Inc.TOST
Matlock James Michael
Principal Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-07-01+3,165→ 48,975 total - Exercise/Conversion
Restricted Stock Units
2024-07-01−997→ 14,959 total→ Class A Common Stock (997 underlying) - Exercise/Conversion
Class A Common Stock
2024-07-01+997→ 49,972 total - Sale
Class A Common Stock
2024-07-02$25.64/sh−1,854$47,540→ 48,118 total - Exercise/Conversion
Restricted Stock Units
2024-07-01−3,165→ 34,818 total→ Class A Common Stock (3,165 underlying)
Footnotes (4)
- [F1]The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
- [F2]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.
- [F3]The RSUs shall vest in sixteen equal quarterly installments following April 1, 2023.
- [F4]The RSUs shall vest in sixteen equal quarterly installments following April 1, 2024.