Angel L. Mendez - Dec 6, 2022 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Director
Signature
/s/ Bart Goldstein as attorney-in-fact for Angel L. Mendez
Stock symbol
PTON
Transactions as of
Dec 6, 2022
Transactions value $
$0
Form type
4
Date filed
12/8/2022, 03:24 PM
Previous filing
May 16, 2022
Next filing
Mar 8, 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 +29.1K $0.00 29.1K Dec 6, 2022 Class A Common Stock 29.1K Direct F1, F2
* 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 RSUs vest as to 25% of the total shares quarterly on each of March 6, 2023, June 6, 2023 and September 6, 2023, with the final 25% vesting on the earlier of (i) December 6, 2023 and (ii) the 2023 annual stockholders meeting, subject to the reporting person's provision of service to the issuer on each vesting date.