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

Role
President, Director
Signature
/s/ Bart Goldstein as attorney-in-fact for William Lynch
Issuer symbol
PTON
Transactions as of
01 Sep 2021
Net transactions value
$0
Form type
4
Filing time
03 Sep 2021, 16:38:00 UTC
Previous filing
18 Aug 2021
Next filing
16 Sep 2021
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 Restricted Stock Unit (RSU) Award $0 +59,986 $0.000000 59,986 01 Sep 2021 Class A Common Stock 59,986 Direct F1, F2
transaction PTON Restricted Stock Unit (RSU) Award $0 +32,321 $0.000000 32,321 01 Sep 2021 Class A Common Stock 32,321 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.

Remarks:

Exhibit 24 - Power of Attorney