Form 4 for TOST Toast, Inc.
Accepted 2023-06-21 00:00:00 ET · period of report 2023-06-20 · accession 0001650164-23-000241 · 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 | 2023-06-21 | 2023-06-20 | TOST | Comparato Christopher P | CEO, Dir | C - Cnv Deriv | — | +375.0K | 425.8K | +738% | — |
| D | 2023-06-21 | 2023-06-20 | TOST | Comparato Christopher P | CEO, Dir | S - Sale | $21.62 | -8,947 | 416.9K | -2% | -$193.4K |
| D | 2023-06-21 | 2023-06-20 | TOST | Comparato Christopher P | CEO, Dir | C - Cnv Deriv | $0.00 | -375.0K | 1.99M | -16% | $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 | 2023-06-20 | C | A | 375,000 | — | 425,816 | D | — | — | (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. (F1) Reflects the voluntary conversion of Class B Common Stock into Class A Common Stock on a one-for-one basis. |
| 2 | Common | Class A Common Stock | 2023-06-20 | S | D | 8,947 | $21.62 | 416,869 | D | — | — | (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.36 to $22.12, 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 | Derivative | Class B Common Stock | 2023-06-20 | C | D | 375,000 | $0.00 | 1,991,390 | D | — · — to — | 375,000 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. |