Trent A. Ward - 27 Apr 2023 Form 3 Insider Report for Interactive Strength, Inc. (TRNR)

Role
Chief Executive Officer, Director
Signature
/s/ Trent A. Ward
Issuer symbol
TRNR
Transactions as of
27 Apr 2023
Net transactions value
$0
Form type
3
Filing time
27 Apr 2023, 21:51:04 UTC
Next filing
09 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TRNR Common Stock 630,931 27 Apr 2023 Direct
holding TRNR Common Stock 16,763 27 Apr 2023 By Trent Ward Investments LLC

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
holding TRNR Stock Option (right to buy) 27 Apr 2023 Common Stock 40,001 $0.5100 Direct F1
holding TRNR Stock Option (right to buy) 27 Apr 2023 Common Stock 466,000 $0.5100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an initial option to purchase 80,000 shares of common stock, with 50% of the shares subject to the option having vested on December 1, 2022, 25% of the shares subject to the option vesting on December 1, 2023, and the remaining shares subject to the option vesting ratably over the 12-month period between December 1, 2023 and December 1, 2024, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F2 Represents an initial option to purchase 950,000 shares of common stock, with 28% of the shares subject to the option vesting upon grant, 28% of the shares subject to the option vesting on January 1, 2024, and 44% of the shares subject to the option vesting on January 1, 2025, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney