Mariana Garavaglia - Sep 1, 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Operating Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Mariana Garavaglia
Stock symbol
PTON
Transactions as of
Sep 1, 2021
Transactions value $
$0
Form type
4
Date filed
9/3/2021, 04:34 PM
Previous filing
Sep 1, 2021
Next filing
Sep 8, 2021

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 +41.5K $0.00 41.5K Sep 1, 2021 Class A Common Stock 41.5K Direct F1, F2
transaction PTON Restricted Stock Unit (RSU) Award $0 +25.1K $0.00 25.1K Sep 1, 2021 Class A Common Stock 25.1K Direct F1, F3
* 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 RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2021, with 100% of the total shares vested on August 15, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 The RSUs vest as to 8.33% of the total shares quarterly, commencing November 15, 2021, 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.