4//SEC Filing
Berland Leslie 4
Accession 0001639825-23-000173
CIK 0001639825other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:33 PM ET
Size
9.2 KB
Accession
0001639825-23-000173
Insider Transaction Report
Form 4
Berland Leslie
Chief Marketing Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2023-11-15−45,000→ 675,000 total→ Class A Common Stock (45,000 underlying) - Sale
Class A Common Stock
2023-11-16$5.21/sh−19,447$101,416→ 25,553 total - Exercise/Conversion
Class A Common Stock
2023-11-15+45,000→ 45,000 total
Footnotes (4)
- [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 $5.2100 to $5.2250 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, 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.
Documents
Issuer
PELOTON INTERACTIVE, INC.
CIK 0001639825
Entity typeother
Related Parties
1- filerCIK 0001962997
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 4:33 PM ET
- Size
- 9.2 KB