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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/13/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1639825 |
| Issuer Name: PELOTON INTERACTIVE, INC. |
| Issuer Trading Symbol: PTON |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1932433 |
| | Owner Name: Coddington Elizabeth F |
| Reporting Owner Address: |
| | Owner Street 1: C/O PELOTON INTERACTIVE, INC. |
| | Owner Street 2: 441 NINTH AVENUE, SIXTH FLOOR |
| | Owner City: NEW YORK |
| | Owner State: NY |
| | Owner ZIP Code: 10001 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Financial Officer |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 3/13/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 21,819 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 113,405 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 3/14/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 8,977 |
| | | Transaction Price Per Share: |
| Value: 4.3416 |
| Footnote ID: F3 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 104,428 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Unit (RSU) |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 3/13/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 21,819 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Footnote ID: F4 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class A Common Stock |
| | | Underlying Security Shares: |
| Value: 21,819 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 196,373 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the issuer's Class A common stock upon settlement for no consideration. |
| Footnote - 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. |
| Footnote - F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.3300 to $4.3430 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. |
| Footnote - F4: The RSU vests as to 25% of the total shares on June 13, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on June 13, 2026, subject to the reporting person's provision of service to the issuer on each vesting date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Bart Goldstein as attorney-in-fact for Elizabeth F Coddington |
| Signature Date: 3/15/24 |