Mariana Garavaglia - Sep 28, 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 28, 2021
Transactions value $
-$579,944
Form type
4
Date filed
9/29/2021, 04:33 PM
Previous filing
Sep 8, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise $250K +9.38K +117.06% $26.69 17.4K Sep 28, 2021 Direct
transaction PTON Class A Common Stock Sale -$347K -3.95K -22.7% $87.90* 13.4K Sep 28, 2021 Direct F1, F2
transaction PTON Class A Common Stock Sale -$402K -4.53K -33.7% $88.87* 8.91K Sep 28, 2021 Direct F1, F3
transaction PTON Class A Common Stock Sale -$71.8K -800 -8.98% $89.70* 8.11K Sep 28, 2021 Direct F1, F4
transaction PTON Class A Common Stock Sale -$9.07K -100 -1.23% $90.65* 8.01K Sep 28, 2021 Direct F1

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) Options Exercise $0 -9.38K -3.33% $0.00 272K Sep 28, 2021 Class A Common Stock 9.38K $26.69 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.35 to $88.34 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.35 to $89.32 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 $89.43 to $90.41 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 option vests as to 2.0833% of the total shares monthly, commencing March 28, 2020, with 100% of the total shares vested on February 28, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.