Narang Aman's Form 4 filing
Toast, Inc. (TOST) · filed Apr 3, 2025
- Accession no.
- 0001650164-25-000120
- Filed
- Apr 3, 2025
- Trade date
- Apr 1-2, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 3 derivative transactions. Open-market sales total $328.8K. It was filed 2 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 |
|---|---|
| Narang AmanCIK 0001869139 | Director, Officer (CEO) |
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 |
|---|---|---|---|---|---|---|---|---|
| Apr 1, 2025 | Class A Common Stock | MOption exerciseAcquired | +1,565 | –F1 | – | 277,451 | Direct | |
| Apr 1, 2025 | Class A Common Stock | MOption exerciseAcquired | +6,331 | –F1 | – | 283,782 | Direct | |
| Apr 1, 2025 | Class A Common Stock | MOption exerciseAcquired | +12,598 | –F1 | – | 296,380 | Direct | |
| Apr 2, 2025 | Class A Common Stock | SSaleDisposed | −9,395 | $35.00 | −$328,825 | 286,985 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Apr 1, 2025 | Class A Common Stock | MOption exerciseDisposed | −1,565 | $0.00 | $0 | 0 | Direct | |
| Apr 1, 2025 | Class A Common Stock | MOption exerciseDisposed | −6,331 | $0.00 | $0 | 50,644 | Direct | |
| Apr 1, 2025 | Class A Common Stock | MOption exerciseDisposed | −12,598 | $0.00 | $0 | 151,168 | Direct |
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.
- F1
The Restricted Stock Units ("RSUs") convert into Class A Common Stock on a one-for-one basis upon vesting and settlement.
Referenced by the price of 3 transactions in Table I.
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.