Form 4 for TOST Toast, Inc.
Accepted 2022-12-21 00:00:00 ET · period of report 2022-12-19 · accession 0001650164-22-000152 · 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 | 2022-12-21 | 2022-12-20 | TOST | Comparato Christopher P | CEO, Dir | M - OptEx | $17.38 | +5,753 | 202.4K | +3% | +$100.0K |
| D | 2022-12-21 | 2022-12-19 | TOST | Comparato Christopher P | CEO, Dir | S - Sale+OE | $17.95 | -33.3K | 196.6K | -14% | -$598.3K |
| DI | 2022-12-21 | 2022-12-19 | TOST | Comparato Christopher P | CEO, Dir | S - Sale+OE | $17.95 | -128.9K | 644.7K | -17% | -$2.31M |
| DM | 2022-12-21 | 2022-12-20 | TOST | Comparato Christopher P | CEO, Dir | M - OptEx | $5.31 | -5,753 | 143.4K | -4% | -$30.5K |
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 | 2022-12-20 | M | A | 5,753 | $17.38 | 202,353 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-12-19 | S | D | 33,333 | $17.95 | 196,600 | D By the Comparato Family Holdings Trust dated July 27, 2018 | — | — | (F2) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.68 to $18.55, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote. |
| 3 | Common | Class A Common Stock | 2022-12-19 | S | D | 128,947 | $17.95 | 644,735 | I | — | — | (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.70 to $18.60, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range set forth in this footnote. |
| 4 | Derivative | Class B Common Stock | 2022-12-20 | M | A | 6,550 | $15.27 | 2,366,390 | D | — · — to — | 6,550 Class A Common Stock | (F5) 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. |
| 5 | Derivative | Stock Option (Right to Buy) | 2022-12-20 | M | D | 5,753 | $0.00 | 675,043 | D | $17.38 · — to 2032-03-15 | 5,753 Class A Common Stock | (F6) The shares underlying this option shall vest and become exercisable in sixteen equal quarterly installments following February 1, 2022. |
| 6 | Derivative | Stock Option (Right to Buy) | 2022-12-20 | M | D | 6,550 | $0.00 | 143,450 | D | $15.27 · — to 2031-03-22 | 6,550 Class B Common Stock | (F4) The shares subject to this option shall vest in twenty equal quarterly installments over five years following March 22, 2021. |