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

Signature
/s/ Bart Goldstein as attorney-in-fact for Allen Klingsick
Stock symbol
PTON
Transactions as of
Aug 15, 2022
Transactions value $
-$38,505
Form type
4
Date filed
8/17/2022, 04:38 PM
Previous filing
May 17, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise $0 +312 +1.41% $0.00 22.4K Aug 15, 2022 Direct F1
transaction PTON Class A Common Stock Options Exercise $0 +347 +1.55% $0.00 22.7K Aug 15, 2022 Direct F1
transaction PTON Class A Common Stock Options Exercise $0 +504 +2.22% $0.00 23.2K Aug 15, 2022 Direct F1
transaction PTON Class A Common Stock Options Exercise $0 +830 +3.57% $0.00 24.1K Aug 15, 2022 Direct F1
transaction PTON Class A Common Stock Options Exercise $0 +1.94K +8.04% $0.00 26K Aug 15, 2022 Direct F1
transaction PTON Class A Common Stock Options Exercise $0 +3.89K +14.97% $0.00 29.9K Aug 15, 2022 Direct F1
transaction PTON Class A Common Stock Sale -$38.5K -2.78K -9.28% $13.88 27.1K Aug 16, 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 -312 -11.11% $0.00 2.5K Aug 15, 2022 Class A Common Stock 312 Direct F1, F4
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -347 -7.71% $0.00 4.15K Aug 15, 2022 Class A Common Stock 347 Direct F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -504 -11.11% $0.00 4.03K Aug 15, 2022 Class A Common Stock 504 Direct F1, F6
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -830 -6.67% $0.00 11.6K Aug 15, 2022 Class A Common Stock 830 Direct F1, F7
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -1.94K -6.67% $0.00 27.1K Aug 15, 2022 Class A Common Stock 1.94K Direct F1, F7
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -3.89K -12.5% $0.00 27.3K Aug 15, 2022 Class A Common Stock 3.89K Direct F1, F8
* 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 $13.8600 to $13.9000 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 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.
F5 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.
F6 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.
F7 The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2022, with 100% of the total shares vested on February 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
F8 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.