ITEM 1. |
(a) Name of Issuer: |
Toast, Inc. (the Issuer).
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(b) Address of Issuers Principal Executive Offices: |
401 Park Drive, Boston, Massachusetts 02215
ITEM 2. |
(a) Name of Person Filing: |
This statement is filed on behalf of Stephen Fredette (the Reporting Person).
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(b) Address or Principal Business Office: |
The business address of the Reporting Person is 401 Park Drive, Boston, Massachusetts 02215.
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(c) Citizenship of each Reporting Person is: |
The Reporting Person is a citizen of the United States.
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(d) Title of Class of Securities: |
Class A Common Stock, par value of $0.000001 per share (Class A Common Stock).
888787108
Not applicable.
The ownership information below represents beneficial ownership of Class A Common Stock of the Issuer as of December 31, 2023, based upon
428,652,264 shares of Class A Common Stock outstanding as of December 31, 2023, as provided by the Issuer. The information below assumes the conversion of the Class B common stock, par value $0.000001 per share (Class B
Common Stock) of the Issuer held by the Reporting Person into shares of Class A Common Stock of the Issuer on a one-to-one basis.
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(a) |
Amount beneficially owned: |
The Reporting Person is deemed to be the beneficial owner of 31,847,614 shares of Class A Common Stock, which includes: (i) 2,823,699
shares of Class A Common Stock held of record by the Reporting Person; (ii) 19,173,555 shares of Class A Common Stock issuable upon conversion of 19,173,555 shares of Class B Common Stock held of record by the Reporting Person; (iii)
2,760,933 shares of Class A Common Stock held in trusts over which the Reporting Person has beneficial ownership; (iv) 6,799,115 shares of Class A Common Stock issuable upon conversion of 6,799,115 shares of Class B Common Stock held
in trusts over which the Reporting Person has beneficial ownership; (v) 10,779 shares of Class A Common Stock underlying restricted stock units that will vest within 60 days of December 31, 2023; and (vi) 279,533 shares of Class A
Common Stock, including shares issuable upon conversion of shares of Class B Common Stock, subject to a stock option exercisable within 60 days of December 31, 2023 by the Reporting Person.
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(b) |
Percent of class: 7.0% |