Bennett Richard Kent's Form 4 filing
Toast, Inc. (TOST) · filed Nov 19, 2024
- Accession no.
- 0000950170-24-128952
- Filed
- Nov 19, 2024
- Trade date
- Nov 15-19, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 1 derivative transaction. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Bennett Richard KentCIK 0001860725 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2024 | Class A Common Stock | CConversionAcquired | 0 | $0.00F2 | $0 | 0 | Indirect | |
| Nov 15, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F5 | $0 | 0 | Indirect | |
| Nov 18, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F6 | $0 | 0 | Indirect | |
| Nov 19, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F7 | $0 | 0 | Indirect | |
| Nov 19, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F8 | $0 | 0 | Indirect | |
| Nov 19, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F9 | $0 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2024 | Class A Common Stock | CConversionDisposed | 0 | $0.00F2 | $0 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F5
On November 15, 2024, Bessemer IX and Bessemer Institutional sold 221,722 and 177,633 shares of Class A common stock of Toast, Inc, respectively, at a weighted average price of $40.61. These shares were sold in multiple transactions at prices ranging from $40.46 to $40.71. 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 the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F6
On November 18, 2024, Bessemer IX and Bessemer Institutional sold 157,762 and 126,392 shares of Class A common stock of Toast, Inc, respectively, at a weighted average price of $40.32. These shares were sold in multiple transactions at prices ranging from $40.00 to $41.00. 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 the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
On November 19, 2024, Bessemer IX and Bessemer Institutional sold 154,178 and 123,519 shares of Class A common stock of Toast, Inc, respectively, at a weighted average price of $40.38. These shares were sold in multiple transactions at prices ranging from $40.00 to $41.00. 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 the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F8
On November 19, 2024, Bessemer IX and Bessemer Institutional sold 272,912 and 218,644 shares of Class A common stock of Toast, Inc, respectively, at a weighted average price of $41.74. These shares were sold in multiple transactions at prices ranging from $41.01 to $42.01. 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 the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F9
On November 19, 2024, Bessemer IX and Bessemer Institutional sold 136,368 and 109,251 shares of Class A common stock of Toast, Inc, respectively, at a weighted average price of $42.33. These shares were sold in multiple transactions at prices ranging from $42.02 to $42.51. 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 the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.