* | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
1 | Names of Reporting Persons Aman Narang | |||||||||||||||||||
2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐ | |||||||||||||||||||
3 | SEC Use Only | |||||||||||||||||||
4 | Citizenship or Place of Organization United States | |||||||||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person With | 5 | Sole Voting Power 23,437,207 | ||||||||||||||||||
6 | Shared Voting Power 0 | |||||||||||||||||||
7 | Sole Dispositive Power 23,437,207 | |||||||||||||||||||
8 | Shared Dispositive Power 0 | |||||||||||||||||||
9 | Aggregate Amount Beneficially Owned by Each Reporting Person 23,437,207 | |||||||||||||||||||
10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable | |||||||||||||||||||
11 | Percent of Class Represented by Amount in Row 9 4.8% | |||||||||||||||||||
12 | Type of Reporting Person IN |
ITEM 1. | (a) | Name of Issuer: | ||||||
Toast, Inc. (the “Issuer”). | ||||||||
(b) | Address of Issuer’s Principal Executive Offices: | |||||||
333 Summer Street, Boston, Massachusetts 02210 | ||||||||
ITEM 2. | (a) | Name of Person Filing: | ||||||
This statement is filed on behalf of Aman Narang (the “Reporting Person”). | ||||||||
(b) | Address or Principal Business Office: | |||||||
The business address of the Reporting Person is 333 Summer Street, Boston, Massachusetts 02210. | ||||||||
(c) | Citizenship of each Reporting Person is: | |||||||
The Reporting Person is a citizen of the United States. | ||||||||
(d) | Title of Class of Securities: | |||||||
Class A Common Stock, par value of $0.000001 per share (“Class A Common Stock”). | ||||||||
(e) | CUSIP Number: | |||||||
888787108 |
ITEM 3. |
ITEM 4. | Ownership. |
(a) | Amount beneficially owned: | |||||||
The Reporting Person is deemed to be the beneficial owner of 23,437,207 shares of Class A Common Stock, which includes: (i) 957,708 shares of Class A Common Stock held of record by the Reporting Person; (ii) 18,912,840 shares of Class A Common Stock issuable upon conversion of 18,912,840 shares of Class B Common Stock held of record by the Reporting Person; (iii) 9,109 shares of Class A Common Stock held in a trust over which the Reporting Person has beneficial ownership; (iv) 24,014 shares of Class A Common Stock underlying restricted stock units that will vest within 60 days of September 30, 2024; and (v) 3,533,536 shares of Class A Common Stock, including shares issuable upon conversion of shares of Class B Common Stock, subject to stock options exercisable within 60 days of September 30, 2024 by the Reporting Person. | ||||||||
(b) | Percent of class: 4.8% | |||||||
(c) | Number of shares as to which the person has: | |||||||
(i) Sole power to vote or to direct the vote: 23,437,207 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 23,437,207 (iv) Shared power to dispose or to direct the disposition of: 0 |
ITEM 5. | Ownership of Five Percent or Less of a Class. |
ITEM 6. | Ownership of More than Five Percent on Behalf of Another Person. |
ITEM 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
ITEM 8. | Identification and Classification of Members of the Group. |
ITEM 9. | Notice of Dissolution of Group. |
ITEM 10. | Certification. |
Aman Narang | ||
/s/ Monica Kleinman, as Attorney-in-Fact for Aman Narang |