Mariana Garavaglia - Jun 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: Jun 28, 2021
Transactions value $: -$922,411
Form type: 4
Date filed: 6/30/2021, 04:32 PM
Previous filing: Jun 8, 2021
Next filing: Jul 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	Jun 28, 2021	Direct
transaction	PTON	Class A Common Stock	Sale	-$159K	-1.3K	-11.29%	$122.26^*	10.2K	Jun 28, 2021	Direct	F1, F2
transaction	PTON	Class A Common Stock	Sale	-$160K	-1.29K	-12.64%	$123.42^*	8.94K	Jun 28, 2021	Direct	F1, F3
transaction	PTON	Class A Common Stock	Sale	-$87.1K	-700	-7.83%	$124.50^*	8.24K	Jun 28, 2021	Direct	F1, F4
transaction	PTON	Class A Common Stock	Sale	-$348K	-2.77K	-33.64%	$125.54^*	5.47K	Jun 28, 2021	Direct	F1, F5
transaction	PTON	Class A Common Stock	Sale	-$405K	-3.2K	-58.49%	$126.55^*	2.27K	Jun 28, 2021	Direct	F1, F6
transaction	PTON	Class A Common Stock	Sale	-$13.9K	-109	-4.8%	$127.28^*	2.16K	Jun 28, 2021	Direct	F1, F7

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	-3.03%	$0.00	300K	Jun 28, 2021	Class A Common Stock	9.38K	$26.69	Direct	F8

* 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.91 to $122.71 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.00 to $123.93 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.06 to $125.03 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.06 to $126.04 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.07 to $127.01 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.12 to $127.29 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8	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.