Elizabeth F. Coddington - Jun 13, 2022 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Financial Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Elizabeth F Coddington
Stock symbol
PTON
Transactions as of
Jun 13, 2022
Transactions value $
$0
Form type
4
Date filed
6/15/2022, 04:31 PM
Next filing
Jun 15, 2023

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 +349K $0.00 349K Jun 13, 2022 Class A Common Stock 349K Direct F1, F2
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +639K $0.00 639K Jun 13, 2022 Class A Common Stock 639K $9.84 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 June 13, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on June 13, 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 June 13, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested and exercisable on June 13, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.