Mariana Garavaglia - May 28, 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Chief Bus. Operations Officer
Signature: /s/ Hisao Kushi as attorney-in-fact for Mariana Garavaglia
Stock symbol: PTON
Transactions as of: May 28, 2021
Transactions value $: -$802,313
Form type: 4
Date filed: 6/2/2021, 04:31 PM
Previous filing: May 28, 2021
Next filing: Jun 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise	$250K	+9.38K	+433.83%	$26.69	11.5K	May 28, 2021	Direct
transaction	PTON	Class A Common Stock	Sale	-$1.05M	-9.38K	-81.27%	$112.27^*	2.16K	May 28, 2021	Direct	F1

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	Stock Option (right to buy Class A Common Stock)	Options Exercise	$0	-9.38K	-2.94%	$0.00	309K	May 28, 2021	Class A Common Stock	9.38K	$26.69	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2	The option vests as to 2.0833% of the total shares monthly, commencing March 28, 2020, with 100% of the total shares vested on February 28, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.