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Lay the bread down in the pan on medium heat and toast for about 1 minute. Crack egg into the space where the shape was cut out. At this point salt and pepper to taste. This recipe can also be made using egg whites or scrambled egg mixture, but at my house, we love the runny yolk.
An egg is cracked onto a heated pan and kept in tact: The yolk and the whites are not meant to meddle. The egg is fried on one side until the whites form a solid (signaling that they're fully cooked) and the edges of the whites begin to crisp. The egg is then removed from the pan and served.