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

Signature
/s/ Hisao Kushi as attorney-in-fact for Mariana Garavaglia
Issuer symbol
PTON
Transactions as of
28 Jun 2021
Net transactions value
-$922,411
Form type
4
Filing time
30 Jun 2021, 16:32:19 UTC
Previous filing
08 Jun 2021
Next filing
08 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise $250,219 +9,375 +434% $26.69 11,536 28 Jun 2021 Direct
transaction PTON Class A Common Stock Sale $159,179 -1,302 -11% $122.26* 10,234 28 Jun 2021 Direct F1, F2
transaction PTON Class A Common Stock Sale $159,708 -1,294 -13% $123.42* 8,940 28 Jun 2021 Direct F1, F3
transaction PTON Class A Common Stock Sale $87,147 -700 -7.8% $124.50* 8,240 28 Jun 2021 Direct F1, F4
transaction PTON Class A Common Stock Sale $348,010 -2,772 -34% $125.54* 5,468 28 Jun 2021 Direct F1, F5
transaction PTON Class A Common Stock Sale $404,714 -3,198 -58% $126.55* 2,270 28 Jun 2021 Direct F1, F6
transaction PTON Class A Common Stock Sale $13,873 -109 -4.8% $127.28* 2,161 28 Jun 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 -9,375 -3% $0.000000 300,000 28 Jun 2021 Class A Common Stock 9,375 $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.