0001209191-19-055599.txt : 20191106
0001209191-19-055599.hdr.sgml : 20191106
20191106214137
ACCESSION NUMBER: 0001209191-19-055599
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191104
FILED AS OF DATE: 20191106
DATE AS OF CHANGE: 20191106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Draft Howard C.
CENTRAL INDEX KEY: 0001401466
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39058
FILM NUMBER: 191197892
MAIL ADDRESS:
STREET 1: C/O OPTIONSXPRESS HOLDINGS, INC.
STREET 2: 39 S. LASALLE STREET, SUITE 220
CITY: CHICAGO
STATE: IL
ZIP: 60603
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PELOTON INTERACTIVE, INC.
CENTRAL INDEX KEY: 0001639825
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: C/O PELOTON INTERACTIVE, INC.
STREET 2: 125 W. 25TH ST., 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10001
BUSINESS PHONE: 866-679-9129
MAIL ADDRESS:
STREET 1: C/O PELOTON INTERACTIVE, INC.
STREET 2: 125 W. 25TH ST., 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10001
FORMER COMPANY:
FORMER CONFORMED NAME: Peloton Interactive, Inc.
DATE OF NAME CHANGE: 20150416
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-11-04
0
0001639825
PELOTON INTERACTIVE, INC.
PTON
0001401466
Draft Howard C.
C/O PELOTON INTERACTIVE, INC.
125 WEST 25TH STREET, 11TH FLOOR
NEW YORK
NY
10001
1
0
0
0
Class A Common Stock
34483
I
By Howard Craig Draft Living Trust
Class A Common Stock
17241
I
By IRA
Class A Common Stock
17241
I
By Spouse
Stock Option (right to buy Class B Common Stock)
2.89
2019-11-04
4
M
0
9166
0.00
D
2027-08-07
Class B Common Stock
9166
96251
D
Class B Common Stock
2019-11-04
4
M
0
9166
0.00
A
Class A Common Stock
9166
438348
D
Stock Option (right to buy Class B Common Stock)
3.28
2019-11-04
4
M
0
6666
0.00
D
2028-04-01
Class B Common Stock
6666
96668
D
Class B Common Stock
2019-11-04
4
M
0
6666
0.00
A
Class A Common Stock
6666
445014
D
Class B Common Stock
Class A Common Stock
147661
147661
I
By Spouse
These securities are held of record by Howard Draft and Louis R Malikow, Trustees of the Howard Craig Draft Living Trust u/a/d 2/22/1991.
These shares are held of record by Goldman Sachs, Custodian of the reporting person's IRA.
The option vested as to 25% of the total shares on July 12, 2018 and then 2.0833% of the total shares vest monthly thereafter, with 100% of the total shares vested on July 12, 2021, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
Each share of the issuer's Class B Common Stock will automatically convert into one (1) share of the issuer's Class A Common Stock (a) at the option of the holder and (b) immediately prior to the close of business on the earliest of (i) ten (10) years from the closing of the issuer's initial public offering ("IPO"), (ii) the date on which the outstanding shares of Class B Common Stock represent less than one percent (1%) of the aggregate number of shares of Class A Common Stock and Class B Common Stock then outstanding or (iii) the date specified by the affirmative vote of the holders of Class B Common Stock representing not less than two-thirds (2/3) of the voting power of the outstanding shares of Class B Common Stock, voting separately as a single class, and has no expiration date.
The option vests as to 2.0833% of the total shares monthly, commencing April 15, 2018, with 100% of the total shares vested on March 15, 2022, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
/s/ Hisao Kushi as attorney-in-fact for Howard Draft
2019-11-06