William Lynch - Feb 16, 2022 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Director
Signature
/s/ Bart Goldstein as attorney-in-fact for William Lynch
Stock symbol
PTON
Transactions as of
Feb 16, 2022
Transactions value $
-$203,070
Form type
4
Date filed
2/17/2022, 04:58 PM
Previous filing
Feb 10, 2022
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise $0 +15K +25.1% $0.00 74.7K Feb 16, 2022 Direct F1
transaction PTON Class A Common Stock Options Exercise $0 +10.8K +14.42% $0.00 85.5K Feb 16, 2022 Direct F1
transaction PTON Class A Common Stock Sale -$203K -6.25K -7.31% $32.49 79.3K Feb 17, 2022 Direct F2, F3
holding PTON Class A Common Stock 7.2K Feb 16, 2022 By GRAT 1 F4
holding PTON Class A Common Stock 1.64K Feb 16, 2022 By GRAT 2 F4
holding PTON Class A Common Stock 1.1K Feb 16, 2022 By GRAT 3 F4
holding PTON Class A Common Stock 2K Feb 16, 2022 By GRAT 4 F4
holding PTON Class A Common Stock 2K Feb 16, 2022 By GRAT 5 F4

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) Options Exercise $0 -15K -100% $0.00* 0 Feb 16, 2022 Class A Common Stock 15K Direct F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -10.8K -100% $0.00* 0 Feb 16, 2022 Class A Common Stock 10.8K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
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 $32.0616 to $32.8863 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 These securities are held of record by a grantor retained annuity trust for which the reporting person is the trustee and sole annuitant.
F5 Pursuant to the terms of his severance arrangement and in connection with his transition from the role of President, 14,997 of Mr. Lynch's RSUs vested immediately and the remaining 41,240 were cancelled.
F6 Pursuant to the terms of his severance arrangement and in connection with his transition from the role of President, 10,774 of Mr. Lynch's RSUs vested immediately and the remaining 18,854 were cancelled.