Chris Bruzzo - 31 Oct 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Director
Signature
/s/ Bart Goldstein as attorney-in-fact for Christopher Bruzzo
Issuer symbol
PTON
Transactions as of
31 Oct 2024
Net transactions value
-$111,478
Form type
4
Filing time
04 Nov 2024, 16:19:51 UTC
Previous filing
21 Oct 2024
Next filing
05 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +31,646 +21% 180,886 31 Oct 2024 Direct F1
transaction PTON Class A Common Stock Sale $111,478 -13,524 -7.5% $8.24 167,362 01 Nov 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 -31,646 -100% $0.000000 0 31 Oct 2024 Class A Common Stock 31,646 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.