Andrew S. Rendich - 15 Nov 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Supply Chain Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Andrew S. Rendich
Issuer symbol
PTON
Transactions as of
15 Nov 2024
Net transactions value
-$1,039,981
Form type
4
Filing time
19 Nov 2024, 16:26:06 UTC
Previous filing
01 Oct 2024
Next filing
21 Nov 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 +7,965 +4.8% 172,226 15 Nov 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +30,658 +18% 202,884 15 Nov 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +12,251 +6% 215,135 15 Nov 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +45,000 +21% 260,135 15 Nov 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +61,814 +24% 321,949 15 Nov 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +104,415 +32% 426,364 15 Nov 2024 Direct F1
transaction PTON Class A Common Stock Sale $1,039,981 -138,391 -32% $7.51 287,973 18 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 -7,965 -14% $0.000000 47,787 15 Nov 2024 Class A Common Stock 7,965 Direct F1, F4
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -30,658 -13% $0.000000 214,602 15 Nov 2024 Class A Common Stock 30,658 Direct F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -12,251 -10% $0.000000 110,255 15 Nov 2024 Class A Common Stock 12,251 Direct F1, F6
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -45,000 -8.3% $0.000000 495,000 15 Nov 2024 Class A Common Stock 45,000 Direct F1, F7
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -61,814 -7.1% $0.000000 803,571 15 Nov 2024 Class A Common Stock 61,814 Direct F1, F8
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -104,415 -12% $0.000000 730,908 15 Nov 2024 Class A Common Stock 104,415 Direct F1, F9
* 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 $7.4600 to $7.5750 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 The RSU vests as to 25% of the total shares on May 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on May 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
F5 The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2022, 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.
F6 The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2023, with 100% of the total shares vested on February 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
F7 The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2023, with 100% of the total shares vested on August 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
F8 The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2024, with 100% of the total shares vested on February 15, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.
F9 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.