0001639825-21-000010.txt : 20210120
0001639825-21-000010.hdr.sgml : 20210120
20210120163114
ACCESSION NUMBER: 0001639825-21-000010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210119
FILED AS OF DATE: 20210120
DATE AS OF CHANGE: 20210120
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: 21539134
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
wf-form4_161117824376466.xml
FORM 4
X0306
4
2021-01-19
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
2021-01-19
4
C
0
4584
0
A
118751
D
Class A Common Stock
2021-01-19
4
C
0
3333
0
A
122084
D
Class A Common Stock
2021-01-19
4
C
0
7083
0
A
129167
D
Class A Common Stock
2021-01-19
4
S
0
2429
145.8371
D
126738
D
Class A Common Stock
2021-01-19
4
S
0
1049
146.7875
D
125689
D
Class A Common Stock
2021-01-19
4
S
0
1700
147.8412
D
123989
D
Class A Common Stock
2021-01-19
4
S
0
4072
148.9716
D
119917
D
Class A Common Stock
2021-01-19
4
S
0
4945
150.0543
D
114972
D
Class A Common Stock
2021-01-19
4
S
0
405
150.7173
D
114567
D
Class A Common Stock
2021-01-19
4
S
0
400
152.5925
D
114167
D
Class A Common Stock
2021-01-19
4
S
0
605
145.7199
D
143090
I
By Spouse
Class A Common Stock
2021-01-19
4
S
0
510
146.4965
D
142580
I
By Spouse
Class A Common Stock
2021-01-19
4
S
0
900
148.1489
D
141680
I
By Spouse
Class A Common Stock
2021-01-19
4
S
0
1200
149.0525
D
140480
I
By Spouse
Class A Common Stock
2021-01-19
4
S
0
1585
150.0874
D
138895
I
By Spouse
Class A Common Stock
2021-01-19
4
S
0
100
151.30
D
138795
I
By Spouse
Class A Common Stock
2021-01-19
4
S
0
100
152.85
D
138695
I
By Spouse
Class A Common Stock
34483
I
By Howard Craig Draft Living Trust
Class A Common Stock
17241
I
By IRA
Stock Option (right to buy Class B Common Stock)
2.89
2021-01-19
4
M
0
4584
0
D
2027-08-07
Class B Common Stock
4584.0
27500
D
Class B Common Stock
2021-01-19
4
M
0
4584
0
A
Class A Common Stock
4584.0
457516
D
Class B Common Stock
2021-01-19
4
C
0
4584
0
D
Class A Common Stock
4584.0
452932
D
Stock Option (right to buy Class B Common Stock)
3.28
2021-01-19
4
M
0
3333
0
D
2028-04-01
Class B Common Stock
3333.0
46667
D
Class B Common Stock
2021-01-19
4
M
0
3333
0
A
Class A Common Stock
3333.0
456265
D
Class B Common Stock
2021-01-19
4
C
0
3333
0
D
Class A Common Stock
3333.0
452932
D
Stock Option (right to buy Class B Common Stock)
8.82
2021-01-19
4
M
0
7083
0
D
2029-01-16
Class B Common Stock
7083.0
263334
D
Class B Common Stock
2021-01-19
4
M
0
7083
0
A
Class A Common Stock
7083.0
460015
D
Class B Common Stock
2021-01-19
4
C
0
7083
0
D
Class A Common Stock
7083.0
452932
D
Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.25 to $146.20 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.25 to $147.17 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.29 to $148.22 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.39 to $149.30 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.42 to $150.40 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.47 to $151.35 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $152.16 to $152.85 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.25 to $146.11 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.40 to $146.66 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.55 to $148.50 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.67 to $149.35 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.71 to $150.47 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.
These shares 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, (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 holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis.
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.
The option vests as to 2.0833% of the total shares monthly, commencing February 17, 2019, with 100% of the total shares vested on January 17, 2023, 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
2021-01-20