0001639825-21-000300.txt : 20210921 0001639825-21-000300.hdr.sgml : 20210921 20210921163201 ACCESSION NUMBER: 0001639825-21-000300 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210917 FILED AS OF DATE: 20210921 DATE AS OF CHANGE: 20210921 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: 211266855 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: [3949] IRS NUMBER: 473533761 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_163225630619654.xml FORM 4 X0306 4 2021-09-17 0 0001639825 PELOTON INTERACTIVE, INC. PTON 0001401466 Draft Howard C. C/O PELOTON INTERACTIVE, INC. 441 NINTH AVENUE, SIXTH FLOOR NEW YORK NY 10001 1 0 0 0 Class A Common Stock 2021-09-17 4 C 0 3334 0 A 267501 D Class A Common Stock 2021-09-17 4 C 0 6666 0 A 274167 D Class A Common Stock 2021-09-17 4 S 0 10000 104.33 D 264167 D Class A Common Stock 2021-09-17 4 S 0 1500 104.33 D 112195 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) 3.28 2021-09-17 4 M 0 3334 0 D 2028-04-01 Class B Common Stock 3334.0 20000 D Class B Common Stock 2021-09-17 4 M 0 3334 0 A Class A Common Stock 3334.0 306266 D Class B Common Stock 2021-09-17 4 C 0 3334 0 D Class A Common Stock 3334.0 302932 D Stock Option (right to buy Class B Common Stock) 8.82 2021-09-17 4 M 0 6666 0 D 2029-01-16 Class B Common Stock 6666.0 202501 D Class B Common Stock 2021-09-17 4 M 0 6666 0 A Class A Common Stock 6666.0 309598 D Class B Common Stock 2021-09-17 4 C 0 6666 0 D Class A Common Stock 6666.0 302932 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. 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 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. 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 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/ Bart Goldstein as attorney-in-fact for Howard Draft 2021-09-21