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

Role: Director
Signature: /s/ Bart Goldstein as attorney-in-fact for William Lynch
Issuer symbol: PTON
Transactions as of: 16 Feb 2022
Net transactions value: -$203,070
Form type: 4
Filing time: 17 Feb 2022, 16:58:48 UTC
Previous filing: 10 Feb 2022
Next filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise	$0	+14,997	+25%	$0.000000	74,736	16 Feb 2022	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise	$0	+10,774	+14%	$0.000000	85,510	16 Feb 2022	Direct	F1
transaction	PTON	Class A Common Stock	Sale	$203,070	-6,250	-7.3%	$32.49	79,260	17 Feb 2022	Direct	F2, F3
holding	PTON	Class A Common Stock						7,200	16 Feb 2022	By GRAT 1	F4
holding	PTON	Class A Common Stock						1,635	16 Feb 2022	By GRAT 2	F4
holding	PTON	Class A Common Stock						1,100	16 Feb 2022	By GRAT 3	F4
holding	PTON	Class A Common Stock						2,000	16 Feb 2022	By GRAT 4	F4
holding	PTON	Class A Common Stock						2,000	16 Feb 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	-14,997	-100%	$0.000000^*	0	16 Feb 2022	Class A Common Stock	14,997		Direct	F1, F5
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-10,774	-100%	$0.000000^*	0	16 Feb 2022	Class A Common Stock	10,774		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.