Form 4 for PTON PELOTON INTERACTIVE, INC.
Accepted 2023-11-17 00:00:00 ET · period of report 2023-11-15 · accession 0001639825-23-000174 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-11-17 | 2023-11-15 | PTON | Baig Saqib | CAO | M - OptEx | — | +112.0K | 84.8K | New | — |
| D | 2023-11-17 | 2023-11-16 | PTON | Baig Saqib | CAO | S - Sale+OE | $5.22 | -43.2K | 73.7K | -37% | -$225.6K |
| DM | 2023-11-17 | 2023-11-15 | PTON | Baig Saqib | CAO | M - OptEx | $0.00 | -112.0K | 112.5K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-11-15 | M | A | 24,583 | — | 109,432.47 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-11-16 | S | D | 43,216 | $5.22 | 73,716.47 | D | — | — | (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.2150 to $5.2350 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. |
| 3 | Common | Class A Common Stock | 2023-11-15 | M | A | 7,500 | — | 116,932.47 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 4 | Common | Class A Common Stock | 2023-11-15 | M | A | 79,892 | — | 84,849.47 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 5 | Derivative | Restricted Stock Unit (RSU) | 2023-11-15 | M | D | 79,892 | $0.00 | 239,676 | D | — · — to — | 79,892 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F4) 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. |
| 6 | Derivative | Restricted Stock Unit (RSU) | 2023-11-15 | M | D | 24,583 | $0.00 | 24,582 | D | — · — to — | 24,583 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F5) The RSU vests as to 50% of the total shares on November 15, 2023, and 50% of the total shares on November 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date. |
| 7 | Derivative | Restricted Stock Unit (RSU) | 2023-11-15 | M | D | 7,500 | $0.00 | 112,500 | D | — · — to — | 7,500 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F6) 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. |