Chris Bruzzo - Dec 19, 2023 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Director
Signature
/s/ Bart Goldstein as attorney-in-fact for Christopher Bruzzo
Stock symbol
PTON
Transactions as of
Dec 19, 2023
Transactions value $
$0
Form type
4
Date filed
12/21/2023, 04:22 PM
Previous filing
May 22, 2023
Next filing
Mar 11, 2024

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 +83.9K $0.00 83.9K Dec 19, 2023 Class A Common Stock 83.9K Direct F1, F2
transaction PTON Restricted Stock Unit (RSU) Award $0 +52.7K $0.00 52.7K Dec 19, 2023 Class A Common Stock 52.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The RSUs vest as to 1/3rd of the total number of shares on each annual anniversary of December 19, 2023, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 The RSUs vest as to 25% of the total shares quarterly on each of March 7, 2024, June 7, 2024 and September 7, 2024, with the final 25% vesting on the earlier of (i) December 7, 2024 and (ii) the 2024 annual stockholders meeting, subject to the reporting person's provision of service to the issuer on each vesting date.