0001639825-20-000127.txt : 20200916
0001639825-20-000127.hdr.sgml : 20200916
20200916163724
ACCESSION NUMBER: 0001639825-20-000127
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200914
FILED AS OF DATE: 20200916
DATE AS OF CHANGE: 20200916
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LYNCH WILLIAM
CENTRAL INDEX KEY: 0001441013
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39058
FILM NUMBER: 201179199
MAIL ADDRESS:
STREET 1: C/O HSN, INC.
STREET 2: 1 HSN DRIVE
CITY: ST. PETERSBURG
STATE: FL
ZIP: 33729
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_160028862582852.xml
FORM 4
X0306
4
2020-09-14
0
0001639825
PELOTON INTERACTIVE, INC.
PTON
0001441013
LYNCH WILLIAM
C/O PELOTON INTERACTIVE, INC.
125 WEST 25TH STREET, 11TH FLOOR
NEW YORK
NY
10001
1
1
0
0
President
Class A Common Stock
2020-09-14
4
C
0
187500
0
A
187500
D
Class A Common Stock
2020-09-14
4
C
0
125000
0
A
312500
D
Class A Common Stock
2020-09-14
4
C
0
38500
0
A
351000
D
Class A Common Stock
2020-09-14
4
S
0
313500
80.8794
D
37500
D
Class A Common Stock
2020-09-16
5
G
0
E
37500
0
D
0
D
Class B Common Stock
2020-09-14
4
C
0
187500
0
D
Class A Common Stock
187500.0
2417500
D
Stock Option (right to buy Class B Common Stock)
2.89
2020-09-14
4
M
0
125000
0
D
2027-08-07
Class B Common Stock
125000.0
524188
D
Class B Common Stock
2020-09-14
4
M
0
125000
0
A
Class A Common Stock
125000.0
2542500
D
Class B Common Stock
2020-09-14
4
C
0
125000
0
D
Class A Common Stock
125000.0
2417500
D
Stock Option (right to buy Class B Common Stock)
3.28
2020-09-14
4
M
0
38500
0
D
2028-04-01
Class B Common Stock
38500.0
511500
D
Class B Common Stock
2020-09-14
4
M
0
38500
0
A
Class B Common Stock
38500.0
2456000
D
Class B Common Stock
2020-09-14
4
C
0
38500
0
D
Class A Common Stock
38500.0
2417500
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.
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 option vested as to 25% of the total shares on February 9, 2018, then 2.0833% of the total shares vest monthly thereafter, with 100% of the total shares vested and exercisable on February 9, 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.
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 ofservice 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 William Lynch
2020-09-16