Allen J. Klingsick - 15 Feb 2022 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Chief Accounting Officer
Signature: /s/ Bart Goldstein as attorney-in-fact for Allen Klingsick
Issuer symbol: PTON
Transactions as of: 15 Feb 2022
Net transactions value: -$65,661
Form type: 4
Filing time: 17 Feb 2022, 17:00:04 UTC
Previous filing: 17 Nov 2021
Next filing: 03 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	+3,893	+28%	$0.000000	17,696	15 Feb 2022	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise	$0	+312	+1.8%	$0.000000	18,008	15 Feb 2022	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise	$0	+346	+1.9%	$0.000000	18,354	15 Feb 2022	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise	$0	+504	+2.7%	$0.000000	18,858	15 Feb 2022	Direct	F1
transaction	PTON	Class A Common Stock	Sale	$65,661	-2,059	-11%	$31.89	16,799	17 Feb 2022	Direct	F2, F3

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	-3,893	-10%	$0.000000	35,036	15 Feb 2022	Class A Common Stock	3,893		Direct	F1, F4
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-312	-9.1%	$0.000000	3,120	15 Feb 2022	Class A Common Stock	312		Direct	F1, F5
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-346	-6.7%	$0.000000	4,846	15 Feb 2022	Class A Common Stock	346		Direct	F1, F6
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-504	-9.1%	$0.000000	5,041	15 Feb 2022	Class A Common Stock	504		Direct	F1, F7

* 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 $31.8679 to $32.7373 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 RSUs vested as to 25% of the total shares on May 17, 2021, then 6.25% of the total shares vest quarterly on the first trading day on or after each of February 15, May 15, August 15 and November 15, with 100% of the total shares vested on May 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.
F5	The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2020, 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.
F6	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.
F7	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.