Form 4 for TOST Toast, Inc.
Accepted 2021-09-27 00:00:00 ET · period of report 2021-09-24 · accession 0000899243-21-037924 · 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 | Technology Investment Dining Group, LLC | 10% | J - Other | — | -55.30M | 0 | -100% | — |
| D | 2021-09-27 | 2021-09-24 | TOST | Technology Investment Dining Group, LLC | 10% | C - Cnv Deriv | — | -19.35M | 55.30M | -26% | — |
| DM | 2021-09-27 | 2021-09-24 | TOST | Technology Investment Dining Group, LLC | 10% | C - Cnv Deriv | $0.00 | -19.35M | 0 | -100% | $0 |
| D | 2021-09-27 | 2021-09-24 | TOST | Technology Investment Dining Group, LLC | 10% | J - Other | $0.00 | +55.30M | 55.30M | 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 | Common Stock | 2021-09-24 | J | D | 55,297,040 | — | 0 | D | — | — | (F4) 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) Immediately prior to the completion of the Issuer's initial public offering and following the conversion of each series of the Issuer's Preferred Stock into Common Stock, 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) The shares are held directly by Technology Investment Dining Group, LLC. These shares are owned indirectly by Steven Papa by virtue of him being the managing member of Technology Investment Dining Group, LLC. |
| 2 | Common | Common Stock | 2021-09-24 | C | D | 19,351,845 | — | 55,297,040 | D | — | — | (F1) Immediately prior to the completion of the Issuer's initial public offering, each share of Series A Preferred Stock and Series B Preferred Stock (together, the "Preferred Stock") automatically converted into one share of the Issuer's Common Stock. The Preferred Stock had no expiration date. (F2) The shares are held directly by Technology Investment Dining Group, LLC. These shares are owned indirectly by Steven Papa by virtue of him being the managing member of Technology Investment Dining Group, LLC. |
| 3 | Derivative | Series A Preferred Stock | 2021-09-24 | C | D | 18,072,290 | $0.00 | 0 | D | — · — to — | 18,072,290 Common Stock | (F2) The shares are held directly by Technology Investment Dining Group, LLC. These shares are owned indirectly by Steven Papa by virtue of him being the managing member of Technology Investment Dining Group, LLC. (F1) Immediately prior to the completion of the Issuer's initial public offering, each share of Series A Preferred Stock and Series B Preferred Stock (together, the "Preferred Stock") automatically converted into one share of the Issuer's Common Stock. The Preferred Stock had no expiration date. |
| 4 | Derivative | Series B Preferred Stock | 2021-09-24 | C | D | 1,279,555 | $0.00 | 0 | D | — · — to — | 1,279,555 Common Stock | (F2) The shares are held directly by Technology Investment Dining Group, LLC. These shares are owned indirectly by Steven Papa by virtue of him being the managing member of Technology Investment Dining Group, LLC. (F1) Immediately prior to the completion of the Issuer's initial public offering, each share of Series A Preferred Stock and Series B Preferred Stock (together, the "Preferred Stock") automatically converted into one share of the Issuer's Common Stock. The Preferred Stock had no expiration date. |
| 5 | Derivative | Class B Common Stock | 2021-09-24 | J | A | 55,297,040 | $0.00 | 55,297,040 | D | — · — to — | 55,297,040 Class A Common Stock | (F2) The shares are held directly by Technology Investment Dining Group, LLC. These shares are owned indirectly by Steven Papa by virtue of him being the managing member of Technology Investment Dining Group, LLC. (F4) 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. |