Chris Bruzzo - Jun 7, 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Signature
/s/ Bart Goldstein as attorney-in-fact for Christopher Bruzzo
Stock symbol
PTON
Transactions as of
Jun 7, 2024
Transactions value $
$0
Form type
4
Date filed
6/11/2024, 04:35 PM
Previous filing
Jun 4, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +7.88K +20.38% 46.6K Jun 7, 2024 Direct F1

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 -7.88K -23.01% $0.00 26.4K Jun 7, 2024 Class A Common Stock 7.88K 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 Represents vested RSUs for, and prorated based on, the reporting person's service as a non-employee director through May 2, 2024. On December 7, 2023, 52,738 RSUs were granted pursuant to the issuer's non-employee director compensation program, which were scheduled to 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. On May 2, 2024, in connection with the reporting person's appointment as Interim Co-Chief Executive Officer and Co-President, the reporting person ceased serving as a non-employee director of the Board of Directors and agreed to forfeit any non-employee director awards during his service as an officer of the Issuer.