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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/15/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1650164 |
| Issuer Name: Toast, Inc. |
| Issuer Trading Symbol: TOST |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1869139 |
| | Owner Name: Narang Aman |
| Reporting Owner Address: |
| | Owner Street 1: TOAST, INC. |
| | Owner Street 2: 401 PARK DRIVE |
| | Owner City: BOSTON |
| | Owner State: MA |
| | Owner ZIP Code: 02215 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: CEO |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: G |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 50,000 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,109,029 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 9,109 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: The Narang Family Trust |
Derivative Table: |
Footnotes: |
| Footnote - F1: On March 15, 2024, the Reporting Person made a bona fide gift of 50,000 shares of the Issuer's Class A Common Stock with no payment in consideration. |
Remarks: As of the date of this Form 4, the Reporting Person also owns 18,912,840 shares of Class B common stock of the Issuer. Each Class B common stock is convertible at any time into one share of the Class A common stock of the Issuer. |
Owner Signature: |
| Signature Name: /s/ Monica Kleinman as Attorney-in-Fact for Aman Narang |
| Signature Date: 3/18/24 |