4//SEC Filing
Cortese Thomas 4
Accession 0001639825-23-000111
CIK 0001639825other
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 4:36 PM ET
Size
13.6 KB
Accession
0001639825-23-000111
Insider Transaction Report
Form 4
Cortese Thomas
COO and Head of Prod. Dev.
Transactions
- Sale
Class A Common Stock
2023-08-16$7.29/sh−23,392$170,617→ 28,386 total - Exercise/Conversion
Class A Common Stock
2023-08-15+29,750→ 36,962 total - Exercise/Conversion
Class A Common Stock
2023-08-15+14,816→ 51,778 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2023-08-15−29,750→ 357,005 total→ Class A Common Stock (29,750 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2023-08-15−14,816→ 207,431 total→ Class A Common Stock (14,816 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 $7.2737to $7.3050 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
- Aug 16, 8:00 PM ET
- Accepted
- Aug 17, 4:36 PM ET
- Size
- 13.6 KB