Thomas Cortese - Jun 30, 2022 Form 5 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Product Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Thomas Cortese
Stock symbol
PTON
Transactions as of
Jun 30, 2022
Transactions value $
$0
Form type
5
Date filed
8/15/2022, 06:08 PM
Previous filing
Mar 3, 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 Class B Common Stock Gift $0 -50K -100% $0.00 0 May 16, 2022 Class A Common Stock 50K By GRAT 1 F1, F2
transaction PTON Class B Common Stock Gift $0 +50K +3.67% $0.00 1.41M May 16, 2022 Class A Common Stock 50K Direct F1
transaction PTON Class B Common Stock Gift $0 -50K -100% $0.00 0 May 16, 2022 Class A Common Stock 50K By GRAT 2 F1, F3
transaction PTON Class B Common Stock Gift $0 +50K +3.54% $0.00 1.46M May 16, 2022 Class A Common Stock 50K Direct F1
holding PTON Class B Common Stock 261K Jun 30, 2022 Class A Common Stock 261K By LLC F1
holding PTON Class B Common Stock 50K Jun 30, 2022 Class A Common Stock 50K By GRAT 3 F1, F4

Explanation of Responses:

Id Content
F1 Each share of the issuer's Class B Common Stock will automatically be converted into one (1) share of the issuer's Class A Common Stock (a) at the option of the holder and (b) immediately prior to the close of business on the earliest of (i) ten (10) years from the closing of the issuer's initial public offering, (ii) the date on which the outstanding shares of Class B Common Stock represent less than one percent (1%) of the aggregate number of shares of Class A Common Stock and Class B Common Stock then outstanding or (iii) the date specified by the affirmative vote of the holders of Class B Common Stock representing not less than two-thirds (2/3) of the voting power of the outstanding shares of Class B Common Stock, voting separately as a single class, and has no expiration date.
F2 These securities are held of record by The TPC 2021 GRAT 1.
F3 These securities are held of record by The TPC 2021 GRAT 2.
F4 These securities are held of record by The TPC 2021 GRAT 3.