Form 4 for TOST Toast, Inc.
Accepted 2021-09-27 00:00:00 ET · period of report 2021-09-24 · accession 0000899243-21-037907 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-27 | 2021-09-24 | TOST | Hawkins Mark J | Dir | P - Purchase | $40.00 | +1,667 | 1,667 | New | +$66.7K |
| D | 2021-09-27 | 2021-09-24 | TOST | Hawkins Mark J | Dir | J - Other | — | -52.8K | 0 | -100% | — |
| DM | 2021-09-27 | 2021-09-24 | TOST | Hawkins Mark J | Dir | J - Other | $0.00 | +52.8K | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-09-24 | P | A | 1,667 | $40.00 | 1,667 | D | — | — | |
| 2 | Common | Common Stock | 2021-09-24 | J | D | 52,790 | — | 0 | D | — | — | (F1) Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. (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. |
| 3 | Derivative | Restricted Stock Units | 2021-09-24 | J | A | 105,580 | $0.00 | 105,580 | D | — · — to 2027-04-27 | 105,580 Class B Common Stock | (F3) Restricted Stock Units ("RSUs") convert into Class B Common Stock on a one-for-one basis upon vesting and settlement. (F4) The RSUs shall vest shall vest in two equal annual installments: 50% on April 27, 2022 and 50% on April 27, 2023. |
| 4 | Derivative | Restricted Stock Units | 2021-09-24 | J | D | 9,550 | $0.00 | 0 | D | — · — to 2028-04-28 | 9,550 Common Stock | (F3) Restricted Stock Units ("RSUs") convert into Class B Common Stock on a one-for-one basis upon vesting and settlement. (F5) The RSUs shall vest in full on May 1, 2022. |
| 5 | Derivative | Restricted Stock Units | 2021-09-24 | J | A | 9,550 | $0.00 | 9,550 | D | — · — to 2028-04-28 | 9,550 Class B Common Stock | (F3) Restricted Stock Units ("RSUs") convert into Class B Common Stock on a one-for-one basis upon vesting and settlement. (F5) The RSUs shall vest in full on May 1, 2022. |
| 6 | Derivative | Class B Common Stock | 2021-09-24 | J | A | 52,790 | $0.00 | 52,790 | D | — · — to — | 52,790 Class A Common Stock | (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. |
| 7 | Derivative | Restricted Stock Units | 2021-09-24 | J | D | 105,580 | $0.00 | 0 | D | — · — to 2027-04-27 | 105,580 Common Stock | (F3) Restricted Stock Units ("RSUs") convert into Class B Common Stock on a one-for-one basis upon vesting and settlement. (F4) The RSUs shall vest shall vest in two equal annual installments: 50% on April 27, 2022 and 50% on April 27, 2023. |