Interactive Strength (TRNR) Form 3 Interactive Strength / Deepak Manu Mulchandani ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Mulchandani Deepak Manu

(Last) (First) (Middle)

1005 CONGRESS AVENUE, SUITE 925

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/27/2023

3. Issuer Name and Ticker or Trading Symbol
Interactive Strength, Inc. [ TRNR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,370	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy	(1)	12/29/2031	Common Stock	833	22.5	D
Stock Option (right to buy	(2)	08/30/2032	Common Stock	4,476	0.51	D
Stock Option (right to buy	(3)	08/30/2032	Common Stock	50,000	0.51	D
Stock Option (right to buy	(4)	01/31/2033	Common Stock	350,000	0.51	D

Explanation of Responses:

1. Represents an initial option to purchase 833 shares of common stock, with 1/12th of the shares subject to the option vesting each month following July 1, 2023, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

2. Option is fully vested.

3. Represents an initial option to purchase 50,000 shares of common stock, with 50% of the shares subject to the option having vested on December 1, 2022, 25% of the shares subject to the option vesting on December 1, 2023, and the remaining 25% of the shares subject to the option vesting ratably over the 12-month period beginning on December 1, 2023 and ending on December 1, 2024, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

4. Represents an initial option to purchase 350,000 shares of common stock, with 34% of the shares subject to the option vesting on January 31, 2023, 33% of the shares subject to the option vesting on January 1, 2024, and the remaining 33% of the shares subject to the option vesting in 12 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Deepak M. Mulchandani	04/27/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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