4//SEC Filing
Cortese Thomas 4
Accession 0001639825-23-000073
CIK 0001639825other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 4:34 PM ET
Size
13.6 KB
Accession
0001639825-23-000073
Insider Transaction Report
Form 4
Cortese Thomas
COO and Head of Prod. Dev.
Transactions
- Exercise/Conversion
Class A Common Stock
2023-05-15+14,817→ 44,981 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2023-05-15−29,751→ 386,755 total→ Class A Common Stock (29,751 underlying) - Sale
Class A Common Stock
2023-05-16$7.04/sh−24,119$169,793→ 20,862 total - Exercise/Conversion
Class A Common Stock
2023-05-15+29,751→ 30,164 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2023-05-15−14,817→ 222,247 total→ Class A Common Stock (14,817 underlying)
Holdings
- 106,000(indirect: By LLC)
Class A Common Stock
Footnotes (5)
- [F1]Each RSU represents a contingent right to receive one (1) share of the issuer's Class A common stock upon settlement for no consideration.
- [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 $7.031 to $7.0723 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]The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2022, with 100% of the total shares vested on August 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F5]The RSUs vest as to 6.25% of the total shares quarterly, commencing May 15, 2023, with 100% of the total shares vested on February 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
Documents
Issuer
PELOTON INTERACTIVE, INC.
CIK 0001639825
Entity typeother
Related Parties
1- filerCIK 0001788276
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 4:34 PM ET
- Size
- 13.6 KB