Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PTON | Restricted Stock Unit (RSU) | Award | $0 | +1.46K | $0.00 | 1.46K | Jan 16, 2025 | Class A Common Stock | 1.46K | Direct | F1, F2 |
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 | Grant of RSUs pursuant to the Issuer's non-employee director compensation policy for service as the Chair of the Nominating, Governance and Corporate Responsibility Committee of the Board of Directors (the "Committee"), which has been prorated for the time period from the effective date of the Reporting Person's appointment as Chair of the Committee on January 16, 2025 to the anticipated date of the Company's 2025 annual meeting of stockholders. The RSUs vest as to 25% of the total shares quarterly on each of March 3, 2025, June 3, 2025 and September 3, 2025, with the final 25% vesting on the earlier of (i) December 3, 2025 and (ii) the 2025 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on each vesting date. |