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Comparato Christopher P's Form 4 filing

Toast, Inc. (TOST) · filed May 15, 2025

Accession no.
0001650164-25-000188
Filed
May 15, 2025
Trade date
May 14, 2025
Filing delay
1 day
Rule 10b5-1 plan
Checked

This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $3.13M. It was filed 1 day 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.

Reporting owners on this filing
OwnerRelationship to the company
Comparato Christopher PCIK 0001868272Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 14, 2025Class A Common StockMOption exerciseAcquired+70,000$1.52+$106,400257,140Direct
May 14, 2025Class A Common StockSSaleDisposed−67,491$44.73F2−$3,018,872.43189,649Direct
May 14, 2025Class A Common StockSSaleDisposed−2,509$45.10F3−$113,155.9187,140Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
May 14, 2025Class A Common StockMOption exerciseDisposed−70,000$0.00$0425,000Direct

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

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.09 to $45.05, 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.

Referenced by the price of 1 transaction in Table I.

F3

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.09 to $45.12, 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.

Referenced by the price of 1 transaction in Table I.

Remarks

As of the date of this Form 4, the Reporting Person also owns an aggregate of 8,968,280 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.

Read the full filing on SEC EDGAR (opens in a new tab)