Thomas Cortese - 01 Jul 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role
Chief Product Officer
Signature
/s/ Bart Goldstein as attorney-in-fact for Thomas Cortese
Issuer symbol
PTON
Transactions as of
01 Jul 2021
Transactions value $
$0
Form type
4
Filing time
03 Sep 2021, 16:32:26 UTC
Previous filing
30 Jun 2021
Next filing
14 Jul 2021
SEC
View on sec.gov

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) Award $0 +41.8K $0.00 41.8K 01 Jul 2021 Class A Common Stock 41.8K $122.16 Direct F1
transaction PTON Stock Option (right to buy Class A Common Stock) Award $0 +28.5K $0.00 28.5K 01 Sep 2021 Class A Common Stock 28.5K $100.04 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as to 6.25% of the total shares quarterly, commencing August 15, 2021, with 100% of the total shares vested and exercisable on May 15, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F2 The option vests as to 8.33% of the total shares quarterly, commencing November 15, 2021, 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.

Remarks:

Exhibit 24 - Power of Attorney