Saqib Baig - 03 Jan 2023 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Accounting Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Saqib Baig
Issuer symbol
PTON
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 15:46:39 UTC
Previous filing
22 Nov 2022
Next filing
06 Sep 2023
SEC
View on sec.gov

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 +319,568 $0.000000 319,568 03 Jan 2023 Class A Common Stock 319,568 Direct F1, F2
transaction PTON Restricted Stock Unit (RSU) Award $0 +49,165 $0.000000 49,165 03 Jan 2023 Class A Common Stock 49,165 Direct F1, 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 November 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on November 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 The RSU vests as to 50% of the total shares on November 15, 2023, and 50% of the total shares on November 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.