Sec Form 4 Filing - Narang Aman @ Toast, Inc. - 2021-11-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Narang Aman
2. Issuer Name and Ticker or Trading Symbol
Toast, Inc. [ TOST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
COO & Co-President
(Last) (First) (Middle)
401 PARK DRIVE, SUITE 801
3. Date of Earliest Transaction (MM/DD/YY)
11/24/2021
(Street)
BOSTON, MA02215
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/24/2021 C 3,385,000 A $ 0( 1 ) 3,385,000 D
Class A Common Stock 11/24/2021 C 2,660 A $ 0( 1 ) 2,660 I By the Narang Family Irrevocable Trust FBO Vijay and Madhu Narang
Class A Common Stock 11/24/2021 C 30,000 A $ 0( 1 ) 30,000 I By the Narang Family Irrevocable Trust FBO Fitzgerald Family
Class A Common Stock 11/24/2021 C 14,051 A $ 0( 1 ) 14,051 I By the Narang Family Irrevocable Trust FBO Varun Narang
Class A Common Stock 11/24/2021 C 9,849 A $ 0( 1 ) 9,849 I By the Narang Family Irrevocable Trust FBO Lia Narang
Class A Common Stock 11/24/2021 C 9,849 A $ 0( 1 ) 9,849 I By the Narang Family Irrevocable Trust FBO Noah Narang
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 1 ) 11/24/2021 C 3,385,000 ( 1 ) ( 1 ) Class A Common Stock 3,385,000 $ 0 20,387,840 D
Class B Common Stock ( 1 ) 11/24/2021 C 2,660 ( 1 ) ( 1 ) Class A Common Stock 2,660 $ 0 15,075 I By the Narang Family Irrevocable Trust FBO Vijay and Madhu Narang
Class B Common Stock ( 1 ) 11/24/2021 C 30,000 ( 1 ) ( 1 ) Class A Common Stock 30,000 $ 0 170,000 I By the Narang Family Irrevocable Trust FBO Fitzgerald Family
Class B Common Stock ( 1 ) 11/24/2021 C 14,051 ( 1 ) ( 1 ) Class A Common Stock 14,051 $ 0 79,624 I By the Narang Family Irrevocable Trust FBO Varun Narang
Class B Common Stock ( 1 ) 11/24/2021 C 9,849 ( 1 ) ( 1 ) Class A Common Stock 9,849 $ 0 55,816 I By the Narang Family Irrevocable Trust FBO Lia Narang
Class B Common Stock ( 1 ) 11/24/2021 C 9,849 ( 1 ) ( 1 ) Class A Common Stock 9,849 $ 0 55,816 I By the Narang Family Irrevocable Trust FBO Noah Narang
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Narang Aman
401 PARK DRIVE
SUITE 801
BOSTON, MA02215
X COO & Co-President
Signatures
/s/ Monica Kleinman as Attorney-in-Fact for Aman Narang 11/24/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects the voluntary conversion of Class B Common Stock into Class A Common Stock on a one-for-one basis.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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