Form 4 for TOST Toast, Inc.
Accepted 2022-04-05 00:00:00 ET · period of report 2022-04-01 · accession 0000899243-22-013925 · 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 | 2022-04-05 | 2022-04-04 | TOST | Grimm Jonathan | CTO, 10% | S - Sale+OE | $23.67 | -1,918 | 4,332 | -31% | -$45.4K |
| D | 2022-04-05 | 2022-04-01 | TOST | Grimm Jonathan | CTO, 10% | M - OptEx | — | +6,250 | 6,250 | New | — |
| D | 2022-04-05 | 2022-04-01 | TOST | Grimm Jonathan | CTO, 10% | M - OptEx | $0.00 | -6,250 | 18.8K | -25% | $0 |
| DI | 2022-04-05 | 2022-03-25 | TOST | Grimm Jonathan | CTO, 10% | G - Gift | $0.00 | -258.3K | 1.78M | -13% | $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 | 2022-04-04 | S | D | 1,918 | $23.67 | 4,332 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-04-01 | M | A | 6,250 | — | 6,250 | D | — | — | (F1) Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. |
| 3 | Derivative | Restricted Stock Units | 2022-04-01 | M | D | 6,250 | $0.00 | 18,750 | D By The Jonathan M. Grimm 2020 Grantor Retained Annuity Trust | — · — to — | 6,250 Class A Common Stock | (F1) Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement. (F3) The RSUs shall vest as follows: 25% on April 1, 2022, with the remainder vesting in equal quarterly installments over the following three years. |
| 4 | Derivative | Class B Common Stock | 2022-03-25 | G | D | 258,333 | $0.00 | 1,781,667 | I | — · — to — | 258,333 Class A Common Stock | (F5) Reflects 258,333 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. (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. |