Jay C. Hoag - Dec 6, 2023 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Director
Signature: /s/ Frederic D. Fenton, Authorized Signatory for Jay C. Hoag
Stock symbol: PTON
Transactions as of: Dec 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/8/2023, 05:42 PM
Previous filing: Dec 4, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	+Options Exercise		+7,267	+32.49%		29,632	Dec 6, 2023	Direct	F1, F5
transaction	PTON	Class A Common Stock	+Options Exercise		+281	+0.95%		29,913	Dec 6, 2023	Direct	F1, F5

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	PTON	Restricted Stock Unit (RSU)	-Options Exercise	$0	-7,267	-100%	$0.00	0	Dec 6, 2023	Class A Common Stock	7,267		Direct	F1, F2, F5
transaction	PTON	Restricted Stock Unit (RSU)	-Options Exercise	$0	-281	-100%	$0.00	0	Dec 6, 2023	Class A Common Stock	281		Direct	F1, F3, F5
transaction	PTON	Restricted Stock Unit (RSU)	+Grant/Award	$0	+59,650		$0.00	59,650	Dec 7, 2023	Class A Common Stock	59,650		Direct	F1, F4, F5

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive one (1) share of the issuer's Class A common stock upon settlement for no consideration.
F2	The RSU vests as to 25% of the total shares quarterly on each of March 6, 2023, June 6, 2023 and September 6, 2023, with the final 25% vesting on the earlier of (i) December 6, 2023 and (ii) the 2023 annual stockholders meeting, subject to the reporting person's provision of service to the issuer on each vesting date.
F3	The RSUs vest as to 33.3% of the total shares on each of June 6, 2023, September 6, 2023 and the earlier of (i) December 6, 2023 and (ii) the 2023 annual stockholders meeting, subject to the reporting person's provision of service to the issuer on each vesting date.
F4	The RSUs vest as to 25% of the total shares quarterly on each of March 7, 2024, June 7, 2024 and September 7, 2024, with the final 25% vesting on the earlier of (i) December 7, 2024 and (ii) the 2024 annual stockholders meeting, subject to the reporting person's provision of service to the issuer on each vesting date.
F5	Jay C. Hoag has sole voting and dispositive power over the options, RSUs, and shares he holds directly. However, TCV IX Management, L.L.C. and TCV X Management, L.L.C. collectively have a right to 100% of the pecuniary interest in such securities. Jay C. Hoag is a member of TCV IX Management, L.L.C. and TCV X Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options, RSUs and the shares to be received upon the exercise of such options or vesting of such RSUs except to the extent of his pecuniary interest therein.