Andrew S. Rendich - May 2, 2022 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Supply Chain Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Andrew S. Rendich
Stock symbol
PTON
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
5/4/2022, 07:11 PM
Previous filing
May 4, 2022
Next filing
Sep 6, 2022

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 +127K $0.00 127K May 2, 2022 Class A Common Stock 127K Direct F1, F2
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +206K $0.00 206K May 2, 2022 Class A Common Stock 206K $18.73 Direct 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 RSU vests as to 25% of the total shares on May 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on May 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 The option vests as to 25% of the total shares on May 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested and exercisable on May 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.