Nick V. Caldwell - Nov 15, 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Product Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Nick V. Caldwell
Stock symbol
PTON
Transactions as of
Nov 15, 2024
Transactions value $
-$2,375,623
Form type
4
Date filed
11/19/2024, 04:23 PM
Previous filing
Nov 4, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Tax liability -$1.86M -241K -48.66% $7.75 254K Nov 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +119K +47.03% 373K Nov 15, 2024 Direct F2
transaction PTON Class A Common Stock Tax liability -$511K -66K -17.69% $7.75 307K Nov 15, 2024 Direct 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 -119K -12.5% $0.00 835K Nov 15, 2024 Class A Common Stock 119K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on November 1, 2024. Such vesting was previously reported by the Reporting Person on a Form 4 filed November 4, 2024.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on November 15, 2024.
F4 The RSUs vest as to 12.50% of the total shares quarterly, commencing November 15, 2024, 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.