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

Role
Chief Product Officer
Signature
/s/ Tammy Albarran as attorney-in-fact for Nick V. Caldwell
Issuer symbol
PTON
Transactions as of
15 Dec 2024
Net transactions value
-$613,168
Form type
4
Filing time
17 Dec 2024, 16:45:56 UTC
Previous filing
19 Nov 2024
Next filing
19 Feb 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 +115,741 +38% 422,841 15 Dec 2024 Direct F1
transaction PTON Class A Common Stock Tax liability $613,168 -64,005 -15% $9.58 358,836 16 Dec 2024 Direct F2

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 -115,741 -8.3% $0.000000 1,273,148 15 Dec 2024 Class A Common Stock 115,741 Direct F1, F3
* 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 Shares withheld to cover the Reporting Person's tax liability with respect to the settlement of RSUs that vested on December 15, 2024.
F3 The RSUs vest as to 25% of the total shares on November 1, 2024, then 6.25% of the total shares vest quarterly, commencing December 15, 2024, with 100% of the total shares vested on September 15, 2027, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Remarks:

Exhibit 24 - Power of Attorney