Allen Klingsick - Oct 3, 2022 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Accounting Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Allen Klingsick
Stock symbol
PTON
Transactions as of
Oct 3, 2022
Transactions value $
$0
Form type
4
Date filed
10/25/2022, 09:00 AM
Previous filing
Sep 6, 2022

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 Stock Option (right to buy Class A Common Stock) Disposed to Issuer $0 -12.5K -100% $0.00* 0 Oct 3, 2022 Class A Common Stock 12.5K $82.59 Direct F1, F2
transaction PTON Stock Option (right to buy Class A Common Stock) Disposed to Issuer $0 -11.1K -100% $0.00* 0 Oct 3, 2022 Class A Common Stock 11.1K $123.81 Direct F1, F3
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +12.5K $0.00 12.5K Oct 3, 2022 Class A Common Stock 12.5K $7.47 Direct F1, F2
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +11.1K $0.00 11.1K Oct 3, 2022 Class A Common Stock 11.1K $7.47 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported herein involved the repricing of the reporting person's outstanding options, resulting in the cancellation of the "old" options and the grant of replacement options. There were no changes to the number of shares, the vesting schedule or the expiration date of the repriced stock options.
F2 The option was originally granted on September 16, 2020 and vests as to 6.25% of the total shares quarterly, commencing November 15, 2020, with 100% of the total shares vested and exercisable on August 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 The option was originally granted on March 1, 2021 and vests as to 6.25% of the total shares quarterly, commencing May 15, 2021, with 100% of the total shares vested and exercisable on February 15, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.