Nick V Caldwell - 15 Feb 2025 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 Feb 2025
Net transactions value
-$497,762
Form type
4
Filing time
19 Feb 2025, 20:12:25 UTC
Previous filing
17 Dec 2024
Next filing
18 Mar 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 +119,332 +33% 478,168 15 Feb 2025 Direct F1
transaction PTON Class A Common Stock Tax liability $497,762 -50,948 -11% $9.77 427,220 15 Feb 2025 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 -119,332 -14% $0.000000 715,990 15 Feb 2025 Class A Common Stock 119,332 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 February 15, 2025.
F3 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.