Kevin Cornils - 01 Sep 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Commercial Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Kevin Cornils
Issuer symbol
PTON
Transactions as of
01 Sep 2021
Net transactions value
$0
Form type
4
Filing time
03 Sep 2021, 16:31:20 UTC
Previous filing
01 Sep 2021
Next filing
03 Mar 2022
SEC
View on sec.gov

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) Award $0 +101,275 $0.000000 101,275 01 Sep 2021 Class A Common Stock 101,275 $100.04 Direct F1
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +23,341 $0.000000 23,341 01 Sep 2021 Class A Common Stock 23,341 $100.04 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as to 6.25% of the total shares quarterly, commencing November 15, 2021, with 100% of the total shares vested and exercisable on August 15, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F2 The option vests as to 8.33% of the total shares quarterly, commencing November 15, 2021, with 100% of the total shares vested and exercisable on August 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.