Jennifer Cotter - May 15, 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Signature
/s/ Bart Goldstein as attorney-in-fact for Jennifer Cotter
Stock symbol
PTON
Transactions as of
May 15, 2024
Transactions value $
-$256,515
Form type
4
Date filed
5/17/2024, 04:19 PM
Previous filing
Mar 11, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +865 +2.67% 33.2K May 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +9.21K +27.73% 42.4K May 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +29.8K +70.1% 72.2K May 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +14.8K +20.52% 87K May 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +45K +51.72% 132K May 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +61.8K +46.82% 194K May 15, 2024 Direct F1
transaction PTON Class A Common Stock Sale -$257K -65.6K -33.85% $3.91 128K May 16, 2024 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 -865 -16.66% $0.00 4.33K May 15, 2024 Class A Common Stock 865 Direct F1, F4
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -9.21K -12.5% $0.00 64.5K May 15, 2024 Class A Common Stock 9.21K Direct F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -29.8K -10% $0.00 268K May 15, 2024 Class A Common Stock 29.8K Direct F1, F6
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -14.8K -8.33% $0.00 163K May 15, 2024 Class A Common Stock 14.8K Direct F1, F7
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -45K -7.14% $0.00 585K May 15, 2024 Class A Common Stock 45K Direct F1, F8
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -61.8K -6.25% $0.00 927K May 15, 2024 Class A Common Stock 61.8K Direct F1, F9
* 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 (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 $3.8712 to $3.9150 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 RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2021, with 100% of the total shares vested on August 15, 2025, 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 May 15, 2022, with 100% of the total shares vested on February 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 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.
F7 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.
F8 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.
F9 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.