Andrew S. Rendich - 15 Nov 2023 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Chief Supply Chain Officer
Signature: /s/ Bart Goldstein as attorney-in-fact for Andrew S. Rendich
Issuer symbol: PTON
Transactions as of: 15 Nov 2023
Net transactions value: -$274,199
Form type: 4
Filing time: 17 Nov 2023, 16:37:21 UTC
Previous filing: 06 Sep 2023
Next filing: 21 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise		+7,964	+11%		83,240	15 Nov 2023	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+30,658	+37%		113,898	15 Nov 2023	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+12,251	+11%		126,149	15 Nov 2023	Direct	F1
transaction	PTON	Class A Common Stock	Options Exercise		+45,000	+36%		171,149	15 Nov 2023	Direct	F1
transaction	PTON	Class A Common Stock	Sale	$274,199	-52,686	-31%	$5.20	118,463	16 Nov 2023	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	-7,964	-9.1%	$0.000000	79,646	15 Nov 2023	Class A Common Stock	7,964		Direct	F1, F4
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-30,658	-8.3%	$0.000000	337,233	15 Nov 2023	Class A Common Stock	30,658		Direct	F1, F5
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-12,251	-7.1%	$0.000000	159,257	15 Nov 2023	Class A Common Stock	12,251		Direct	F1, F6
transaction	PTON	Restricted Stock Unit (RSU)	Options Exercise	$0	-45,000	-6.2%	$0.000000	675,000	15 Nov 2023	Class A Common Stock	45,000		Direct	F1, F7

* 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 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 $5.20 to $5.22 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 RSU vests as to 25% of the total shares on May 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on May 15, 2026, 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, 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.
F6	The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2023, with 100% of the total shares vested on February 15, 2027, 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 November 15, 2023, with 100% of the total shares vested on August 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.