Allen J. Klingsick - 30 Aug 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Accounting Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Allen Klingsick
Issuer symbol
PTON
Transactions as of
30 Aug 2021
Net transactions value
-$153,176
Form type
4
Filing time
01 Sep 2021, 16:35:21 UTC
Previous filing
23 Aug 2021
Next filing
03 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +2,838 +29% 12,482 30 Aug 2021 Direct F1
transaction PTON Class A Common Stock Sale $29,681 -289 -2.3% $102.70* 12,193 31 Aug 2021 Direct F2, F3
transaction PTON Class A Common Stock Sale $123,494 -1,200 -9.8% $102.91* 10,993 31 Aug 2021 Direct F2

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) Award $0 +2,838 $0.000000 2,838 30 Aug 2021 Class A Common Stock 2,838 Direct F1, F4
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -2,838 -100% $0.000000* 0 30 Aug 2021 Class A Common Stock 2,838 Direct F1, F4
* 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 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.87 to $102.73 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 RSUs are fully vested as of the date of grant.