Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PTON | Restricted Stock Unit (RSU) | Award | $0 | +56.4K | $0.00 | 56.4K | Dec 3, 2024 | Class A Common Stock | 56.4K | Direct | F1, F2 | ||
transaction | PTON | Restricted Stock Unit (RSU) | Award | $0 | +25.4K | $0.00 | 25.4K | Dec 3, 2024 | Class A Common Stock | 25.4K | Direct | F1, F3 |
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 RSUs vest as to 1/3rd of the total number of shares on each annual anniversary of December 3, 2024, subject to the Reporting Person's provision of service to the Issuer on each vesting date. |
F3 | The RSUs vest as to 25% of the total shares quarterly on each of March 3, 2025, June 3, 2025 and September 3, 2025, with the final 25% vesting on the earlier of (i) December 3, 2025 and (ii) the 2025 annual stockholders meeting, subject to the Reporting Person's provision of service to the Issuer on each vesting date. |