| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PTON | Class A Common Stock | Options Exercise | +29.8K | +7203.63% | 30.2K | Nov 15, 2022 | Direct | F1 | ||
| transaction | PTON | Class A Common Stock | Sale | -$128K | -11.4K | -37.94% | $11.17 | 18.7K | Nov 16, 2022 | Direct | F2, F3 |
| holding | PTON | Class A Common Stock | 106K | Oct 24, 2022 | By LLC |
| 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 | -29.8K | -6.25% | $0.00 | 446K | Nov 15, 2022 | Class A Common Stock | 29.8K | Direct | F1, F4 | |
| transaction | PTON | Class B Common Stock | Gift | $0 | -100K | -6.84% | $0.00 | 1.36M | Oct 24, 2022 | Class A Common Stock | 100K | Direct | F5 | |
| transaction | PTON | Class B Common Stock | Gift | $0 | +100K | $0.00 | 100K | Oct 24, 2022 | Class A Common Stock | 100K | By GRAT 4 | F5, F6 | ||
| transaction | PTON | Class B Common Stock | Gift | $0 | -50K | -100% | $0.00* | 0 | Nov 11, 2022 | Class A Common Stock | 50K | By GRAT 3 | F5, F7 | |
| transaction | PTON | Class B Common Stock | Gift | $0 | +50K | +3.67% | $0.00 | 1.41M | Nov 11, 2022 | Class A Common Stock | 50K | Direct | F5 | |
| holding | PTON | Class B Common Stock | 261K | Oct 24, 2022 | Class A Common Stock | 261K | By LLC | F5 |
| 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 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 $11.1704 to $11.1938 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, 2022, with 100% of the total shares vested on August 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date. |
| F5 | 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. |
| F6 | These securities are held of record by The TPC 2021 GRAT 4. |
| F7 | These securities are held of record by The TPC 2021 GRAT 3. |