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

Role
Chief Legal & Culture Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Hisao Kushi
Stock symbol
PTON
Transactions as of
Sep 1, 2021
Transactions value $
$0
Form type
4
Date filed
9/3/2021, 04:37 PM
Previous filing
Aug 16, 2021
Next filing
Sep 15, 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 Stock Option (right to buy Class A Common Stock) Award $0 +113K $0.00 113K Sep 1, 2021 Class A Common Stock 113K $100.04 Direct F1
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +61K $0.00 61K Sep 1, 2021 Class A Common Stock 61K $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.

Remarks:

Exhibit 24 - Power of Attorney