Chris Bruzzo - Oct 17, 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Interim Co-CEO and President, Director
Signature
/s/ Bart Goldstein as attorney-in-fact for Christopher Bruzzo
Stock symbol
PTON
Transactions as of
Oct 17, 2024
Transactions value $
-$144,912
Form type
4
Date filed
10/21/2024, 05:40 PM
Previous filing
Aug 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 +76.8K +78.81% 174K Oct 17, 2024 Direct F1
transaction PTON Class A Common Stock Sale -$145K -25K -14.34% $5.80 149K Oct 18, 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) Award $0 +108K $0.00 108K Oct 17, 2024 Class A Common Stock 108K Direct F1, F4
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -76.8K -70.81% $0.00 31.6K Oct 17, 2024 Class A Common Stock 76.8K Direct F1, F4
* 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 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 $5.8000 to $5.8450 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 In connection with the Reporting Person's service as Interim Co-Chief Executive Officer and Co-President, grant of 108,430 RSUs with 76,784 RSUs vesting immediately upon grant and 31,646 RSUs vesting on October 31, 2024, subject to the Reporting Person's provision of service to the Issuer on such vesting date.