Andrew S. Rendich - Nov 15, 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
Stock symbol
PTON
Transactions as of
Nov 15, 2024
Transactions value $
-$1,039,981
Form type
4
Date filed
11/19/2024, 04:26 PM
Previous filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTON Class A Common Stock Options Exercise +7.97K +4.85% 172K Nov 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +30.7K +17.8% 203K Nov 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +12.3K +6.04% 215K Nov 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +45K +20.92% 260K Nov 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +61.8K +23.76% 322K Nov 15, 2024 Direct F1
transaction PTON Class A Common Stock Options Exercise +104K +32.43% 426K Nov 15, 2024 Direct F1
transaction PTON Class A Common Stock Sale -$1.04M -138K -32.46% $7.51 288K Nov 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) Options Exercise $0 -7.97K -14.29% $0.00 47.8K Nov 15, 2024 Class A Common Stock 7.97K Direct F1, F4
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -30.7K -12.5% $0.00 215K Nov 15, 2024 Class A Common Stock 30.7K Direct F1, F5
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -12.3K -10% $0.00 110K Nov 15, 2024 Class A Common Stock 12.3K Direct F1, F6
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -45K -8.33% $0.00 495K Nov 15, 2024 Class A Common Stock 45K Direct F1, F7
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -61.8K -7.14% $0.00 804K Nov 15, 2024 Class A Common Stock 61.8K Direct F1, F8
transaction PTON Restricted Stock Unit (RSU) Options Exercise $0 -104K -12.5% $0.00 731K Nov 15, 2024 Class A Common Stock 104K 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.