Filing Details

Accession Number:
0001639825-24-000017
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-20 16:25:51
Reporting Period:
2024-02-15
Accepted Time:
2024-02-20 16:25:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639825 Peloton Interactive Inc. PTON Sporting & Athletic Goods, Nec (3949) 473533761
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1954584 Saqib Baig C/O Peloton Interactive, Inc.
441 Ninth Avenue, Sixth Floor
New York NY 10001
Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-02-15 7,500 $0.00 81,216 No 4 M Direct
Class A Common Stock Acquisiton 2024-02-15 19,973 $0.00 101,189 No 4 M Direct
Class A Common Stock Disposition 2024-02-16 11,225 $4.48 89,964 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Unit (RSU) Disposition 2024-02-15 7,500 $0.00 7,500 $0.00
Class A Common Stock Restricted Stock Unit (RSU) Disposition 2024-02-15 19,973 $0.00 19,973 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
105,000 No 4 M Direct
219,703 No 4 M Direct
Footnotes
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the issuer's Class A common stock upon settlement for no consideration.
  2. The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.4808 to $4.5013 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2023, with 100% of the total shares vested on August 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
  5. The RSU vests as to 25% of the total shares on November 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on November 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.