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 | +1.85M | $0.00 | 1.85M | Nov 1, 2023 | Class A Common Stock | 1.85M | Direct | F1, F2 |
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 on November 1, 2024, then 6.25% of the total shares vest quarterly, commencing December15, 2024, with 100% of the total shares vested on September 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date. |