X0206 3/A 2021-09-21 2021-09-21 0 0001650164 Toast, Inc. TOST 0001869299 Elworthy Brian R TOAST, INC. 401 PARK DRIVE, SUITE 801 BOSTON MA 02215 0 1 0 0 General Counsel Common Stock 428930 D Common Stock 109175 I See footnote Stock Option (Right to Buy) 1.52 2029-02-08 Common Stock 375000 D Stock Option (Right to Buy) 2.21 2030-04-21 Common Stock 450000 D Stock Option (Right to Buy) 20.95 2031-06-02 Common Stock 60000 D Restricted Stock Units 2028-06-02 Common Stock 20000 D Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock shall be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. Each outstanding share of Class B Common Stock will be convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation. Shares held by the Brian R. Elworthy Grantor Retained Annuity Trust of 2019. The shares subject to this option shall vest in twenty equal quarterly installments over five years following July 1, 2018. The shares subject to this option shall vest in twenty equal quarterly installments over five years following April 21, 2020. The shares subject to this option shall vest in twenty equal quarterly installments over five years following June 2, 2021. The Restricted Stock Units ("RSUs") shall vest as follows: 25% shall vest on July 1, 2022, with the remainder vesting in equal quarterly installments over the following three years, contingent upon the closing of the issuer's initial public offering. RSUs convert into Class B Common Stock on a one-for-one basis upon vesting and settlement. This Form 3/A amends and restates the Form 3 filed by the Reporting Person on September 21, 2021 (the "Original Form 3") to correct the number of stock options reported in the first row of Table II, Column 3 (375,000). This amendment does not impact any other holdings reported in the Original Form 3. /s/ Brian R. Elworthy 2021-09-27