Chris Bruzzo - Oct 31, 2024 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
Oct 31, 2024
Transactions value $
-$111,478
Form type
4
Date filed
11/4/2024, 04:19 PM
Previous filing
Oct 21, 2024
Next filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +31.6K +21.2% 181K Oct 31, 2024 Direct F1
transaction PTON Class A Common Stock Sale -$111K -13.5K -7.48% $8.24 167K Nov 1, 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 -31.6K -100% $0.00 0 Oct 31, 2024 Class A Common Stock 31.6K 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 $8.2050 to $8.2950 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 on October 17, 2024 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. As previously disclosed, the Reporting Person stepped down as Interim Co-Chief Executive Officer and Co-President on November 1, 2024.