Touw Kirsten Bartok - May 2, 2023 Form 4 Insider Report for Interactive Strength, Inc. (TRNR)

Role
Director
Signature
By: /s/ Trent Ward, Attorney-in-Fact
Stock symbol
TRNR
Transactions as of
May 2, 2023
Transactions value $
$1,125
Form type
4
Date filed
5/2/2023, 06:37 PM
Previous filing
Apr 28, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNR Common Stock Exercise of in-the-money or at-the-money derivative security $12.60 +839 +13.54% $0.02* 7.04K May 2, 2023 By The Touw Family Revocable Trust F1
transaction TRNR Common Stock Sale -2 -0.03% 7.03K May 2, 2023 By The Touw Family Revocable Trust F1
transaction TRNR Common Stock Conversion of derivative security $41.1K +5.14K +73.07% $8.00 12.2K May 2, 2023 By The Touw Family Revocable Trust F2

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
transaction TRNR Warrant to purchase common stock Exercise of in-the-money or at-the-money derivative security $0 -839 -100% $0.00* 0 May 2, 2023 Common Stock 839 $0.02 By The Touw Family Revocable Trust
transaction TRNR Convertible Promissory Note Conversion of derivative security -$40K 0 May 2, 2023 Common Stock 5.14K $8.00 By The Touw Family Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of common stock issued pursuant to the automatic net exercise of a warrant to purchase 839 shares of common stock immediately prior to the closing of the Issuer's initial public offering (the "IPO"), resulting in the withholding of 2 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 837 shares.
F2 Consists of shares of common stock issued pursuant to the conversion of a convertible promissory note (the "Note") executed by the Issuer in favor of the reporting person in the principal amount of $40,000, which automatically converted into shares of common stock immediately prior to the closing of the IPO, based on the outstanding principal amount of the Note and accrued interest divided by the IPO price of $8.00 per share.