0001639825-21-000103.txt : 20210309
0001639825-21-000103.hdr.sgml : 20210309
20210309163123
ACCESSION NUMBER: 0001639825-21-000103
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210308
FILED AS OF DATE: 20210309
DATE AS OF CHANGE: 20210309
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Boone Karen
CENTRAL INDEX KEY: 0001561290
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39058
FILM NUMBER: 21726272
MAIL ADDRESS:
STREET 1: 15 KOCH ROAD
STREET 2: SUITE J
CITY: CORTE MADERA
STATE: CA
ZIP: 94925
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: 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_161532545580645.xml
FORM 4
X0306
4
2021-03-08
0
0001639825
PELOTON INTERACTIVE, INC.
PTON
0001561290
Boone Karen
C/O PELOTON INTERACTIVE, INC.
125 WEST 25TH STREET, 11TH FLOOR
NEW YORK
NY
10001
1
0
0
0
Class A Common Stock
2021-03-08
4
C
0
50000
0
A
50000
D
Stock Option (right to buy Class B Common Stock)
8.82
2021-03-08
4
M
0
50000
0
D
2029-01-16
Class B Common Stock
50000.0
292300
D
Class B Common Stock
2021-03-08
4
M
0
50000
0
A
Class A Common Stock
50000.0
50000
D
Class B Common Stock
2021-03-08
4
C
0
50000
0
D
Class A Common Stock
50000.0
0
D
Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
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.
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.
/s/ Hisao Kushi as attorney-in-fact for Karen Boone
2021-03-09