Karen Boone - Jun 7, 2024 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)

Role: Interim Co-CEO and President, Director
Signature: /s/ Bart Goldstein as attorney-in-fact for Karen Boone
Stock symbol: PTON
Transactions as of: Jun 7, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/11/2024, 04:34 PM
Previous filing: Jun 4, 2024
Next filing: Jun 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTON	Class A Common Stock	Options Exercise		+11.3K	+14.22%		90.6K	Jun 7, 2024	Direct	F1

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	Restricted Stock Unit (RSU)	Options Exercise	$0	-11.3K	-23.01%	$0.00	37.7K	Jun 7, 2024	Class A Common Stock	11.3K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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	Represents vested RSUs for, and prorated based on, the reporting person's service as a non-employee director through May 2, 2024. On December 7, 2023, 75,440 RSUs were granted pursuant to the issuer's non-employee director compensation program, which were scheduled to vest as to 25% of the total shares quarterly on each of March 7, 2024, June 7, 2024 and September 7, 2024, with the final 25% vesting on the earlier of (i) December 7, 2024 and (ii) the 2024 annual stockholders meeting. On May 2, 2024, in connection with the reporting person's appointment as Interim Co-Chief Executive Officer and Co-President, the reporting person ceased serving as a non-employee director of the Board of Directors and agreed to forfeit any non-employee director awards during her service as an officer of the Issuer.

Content

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Represents vested RSUs for, and prorated based on, the reporting person's service as a non-employee director through May 2, 2024. On December 7, 2023, 75,440 RSUs were granted pursuant to the issuer's non-employee director compensation program, which were scheduled to vest as to 25% of the total shares quarterly on each of March 7, 2024, June 7, 2024 and September 7, 2024, with the final 25% vesting on the earlier of (i) December 7, 2024 and (ii) the 2024 annual stockholders meeting. On May 2, 2024, in connection with the reporting person's appointment as Interim Co-Chief Executive Officer and Co-President, the reporting person ceased serving as a non-employee director of the Board of Directors and agreed to forfeit any non-employee director awards during her service as an officer of the Issuer.