Michael Madigan - 27 Apr 2023 Form 3 Insider Report for Interactive Strength, Inc. (TRNR)

Role
Principal Financial Officer
Signature
/s/ Michael J. Madigan
Issuer symbol
TRNR
Transactions as of
27 Apr 2023
Net transactions value
$0
Form type
3
Filing time
27 Apr 2023, 21:40:39 UTC
Next filing
09 Jun 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TRNR Stock Option (right to buy) 27 Apr 2023 Common Stock 1,466 $1.50 Direct F1
holding TRNR Stock Option (right to buy) 27 Apr 2023 Common Stock 25,000 $0.5100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an initial option to purchase 1,466 shares of common stock, with 25% of the shares subject to the option vesting on September 29, 2023 and 75% of the shares subject to the option vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F2 Represents an initial option to purchase 25,000 shares of common stock, with 25% of the shares subject to the option vesting on January 31, 2023, 25% of the shares subject to the option vesting on January 1, 2024, and the remaining 50% of the shares subject to the option vesting in 12 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney