Toast appoints Michael Matlock as Chief Accounting Officer with $325K salary + RSUs

Toast, Inc.

Michael Matlock, age 42, former EY partner, appointed as Chief Accounting Officer and Principal Accounting Officer.
Base salary of $325,000 per year, one-time sign-on bonus of $75,000.
Eligible for annual bonus equal to 30% of base salary.
Grant of 250,000 RSUs with 4-year vesting: 25% on first anniversary, then quarterly.
Indemnification agreement and change-in-control policy apply; no family relationships or arrangements.

item 5.02

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Appointed

Michael Matlock

Chief Accounting Officer

TOST · Toast, Inc.

Effective: 2021-10-13
Filed: October 15, 2021, 7:59 PM ET

On October 13, 2021, the Board of Directors of Toast, Inc. (the “ Company ”) appointed Michael Matlock, age 42, to be the Company’s Chief Accounting Officer and Principal Accounting Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Matlock was appointed as Chief Accounting Officer at Toast, Inc..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

On October 13, 2021, the Board of Directors of Toast, Inc. (the “ Company ”) appointed Michael Matlock, age 42, to be the Company’s Chief Accounting Officer and Principal Accounting Officer.

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Toast, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-21-300062

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