Karen Boone - 30 Nov 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Interim CEO and President, Director
Signature
/s/ Tammy Albarran as attorney-in-fact for Karen Boone
Issuer symbol
PTON
Transactions as of
30 Nov 2024
Net transactions value
-$163,228
Form type
4
Filing time
05 Dec 2024, 18:25:07 UTC
Previous filing
04 Nov 2024
Next filing
02 Jan 2025
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 +33,683 +16% 245,142 30 Nov 2024 Direct F1
transaction PTON Class A Common Stock Sale $163,228 -16,925 -6.9% $9.64 228,217 05 Dec 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 -33,683 -50% $0.000000 33,683 30 Nov 2024 Class A Common Stock 33,683 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 $9.6400 to $9.6600 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 Chief Executive Officer and President, grant of 67,366 RSUs vesting in two equal monthly installments on November 30, 2024 and December 31, 2024, subject to the Reporting Person's provision of service to the Issuer on such vesting dates.

Remarks:

Exhibit 24 - Power of Attorney