Andrew S. Rendich - 01 Mar 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Signature
/s/ Bart Goldstein as attorney-in-fact for Andrew S. Rendich
Issuer symbol
PTON
Transactions as of
01 Mar 2024
Transactions value $
$0
Form type
4
Date filed
04 Mar 2024, 17:51
Previous filing
27 Feb 2024
Next filing
17 May 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 +989K $0.00 989K 01 Mar 2024 Class A Common Stock 989K Direct F1, F2
* 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 6.25% of the total shares quarterly, commencing May 15, 2024, with 100% of the total shares vested on February 15, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.