Allen Klingsick - Aug 15, 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Accounting Officer
Signature
/s/ Hisao Kushi as attorney-in-fact for Allen Klingsick
Stock symbol
PTON
Transactions as of
Aug 15, 2021
Transactions value $
-$18,753
Form type
4
Date filed
8/17/2021, 06:31 PM
Previous filing
Jun 3, 2021
Next filing
Aug 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +312 +3.83% 8.46K Aug 15, 2021 Direct F1
transaction PTON Class A Common Stock Sale -$17.2K -156 -1.84% $110.24* 8.3K Aug 16, 2021 Direct F2, F3
transaction PTON Class A Common Stock Sale -$1.55K -14 -0.17% $111.05* 8.29K Aug 16, 2021 Direct F2, F4

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 -312 -7.69% $0.00 3.74K Aug 15, 2021 Class A Common Stock 312 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Represents the aggregate number of shares sold by the reporting person as a result of a mandatory sale to cover taxes and fees due upon the release and settlement of the RSUs. The reporting person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.88 to $110.70 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 $110.92 to $111.26 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 RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2020, with 100% of the total shares vested on August 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.