John P. Foley - 30 Aug 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
COB and CEO, Director
Signature
/s/ Bart Goldstein as attorney-in-fact for John P. Foley
Issuer symbol
PTON
Transactions as of
30 Aug 2021
Net transactions value
-$48,765
Form type
4
Filing time
03 Sep 2021, 16:33:36 UTC
Previous filing
18 Aug 2021
Next filing
14 Feb 2022
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 +1,128 1,128 30 Aug 2021 By spouse F1
transaction PTON Class A Common Stock Sale $37,665 -376 -33% $100.17* 752 31 Aug 2021 By spouse F2, F3
transaction PTON Class A Common Stock Sale $11,100 -110 -15% $100.91* 642 31 Aug 2021 By spouse F4
holding PTON Class A Common Stock 200,000 30 Aug 2021 Direct

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 +1,128 $0.000000 1,128 30 Aug 2021 Class A Common Stock 1,128 By spouse F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -1,128 -100% $0.000000* 0 30 Aug 2021 Class A Common Stock 1,128 By spouse F1, F5
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +278,022 $0.000000 278,022 01 Sep 2021 Class A Common Stock 278,022 $100.04 Direct F6
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +61,512 $0.000000 61,512 01 Sep 2021 Class A Common Stock 61,512 $100.04 Direct F7
transaction PTON Class A Common Stock Award $0 +2,656 $0.000000 2,656 01 Sep 2021 Class A Common Stock 2,656 $100.04 By spouse F8
transaction PTON Class A Common Stock Award $0 +5,064 $0.000000 5,064 01 Sep 2021 Class A Common Stock 5,064 $100.04 By spouse F6
* 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 $99.71 to $100.70 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 $100.73 to $101.24 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 are fully vested as of the date of grant.
F6 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, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F7 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.
F8 The option vests as to 8.34% 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.

Remarks:

Exhibit 24 - Power of Attorney