4//SEC Filing
LYNCH WILLIAM 4
Accession 0001639825-22-000040
CIK 0001639825other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:58 PM ET
Size
16.7 KB
Accession
0001639825-22-000040
Insider Transaction Report
Form 4
LYNCH WILLIAM
DirectorPresident
Transactions
- Exercise/Conversion
Class A Common Stock
2022-02-16+14,997→ 74,736 total - Exercise/Conversion
Class A Common Stock
2022-02-16+10,774→ 85,510 total - Sale
Class A Common Stock
2022-02-17$32.49/sh−6,250$203,070→ 79,260 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2022-02-16−14,997→ 0 total→ Class A Common Stock (14,997 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2022-02-16−10,774→ 0 total→ Class A Common Stock (10,774 underlying)
Holdings
- 7,200(indirect: By GRAT 1)
Class A Common Stock
- 1,100(indirect: By GRAT 3)
Class A Common Stock
- 2,000(indirect: By GRAT 4)
Class A Common Stock
- 1,635(indirect: By GRAT 2)
Class A Common Stock
- 2,000(indirect: By GRAT 5)
Class A Common Stock
Footnotes (6)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.0616 to $32.8863 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.
- [F4]These securities are held of record by a grantor retained annuity trust for which the reporting person is the trustee and sole annuitant.
- [F5]Pursuant to the terms of his severance arrangement and in connection with his transition from the role of President, 14,997 of Mr. Lynch's RSUs vested immediately and the remaining 41,240 were cancelled.
- [F6]Pursuant to the terms of his severance arrangement and in connection with his transition from the role of President, 10,774 of Mr. Lynch's RSUs vested immediately and the remaining 18,854 were cancelled.
Documents
Issuer
PELOTON INTERACTIVE, INC.
CIK 0001639825
Entity typeother
Related Parties
1- filerCIK 0001441013
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 5:58 PM ET
- Size
- 16.7 KB