Cortese Thomas 4
4 · PELOTON INTERACTIVE, INC. · Filed Sep 6, 2023
Insider Transaction Report
Form 4
Cortese Thomas
COO and Head of Prod. Dev.
Transactions
- Award
Restricted Stock Unit (RSU)
2023-09-01+720,000→ 720,000 total→ Class A Common Stock (720,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]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.