0001639825-21-000200.txt : 20210623
0001639825-21-000200.hdr.sgml : 20210623
20210623163136
ACCESSION NUMBER: 0001639825-21-000200
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210621
FILED AS OF DATE: 20210623
DATE AS OF CHANGE: 20210623
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cortese Thomas
CENTRAL INDEX KEY: 0001788276
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39058
FILM NUMBER: 211039028
MAIL ADDRESS:
STREET 1: C/O PELOTON INTERACTIVE, INC.
STREET 2: 125 WEST 25TH STREET, 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10001
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_162448028097724.xml
FORM 4
X0306
4
2021-06-21
0
0001639825
PELOTON INTERACTIVE, INC.
PTON
0001788276
Cortese Thomas
C/O PELOTON INTERACTIVE, INC.
441 NINTH AVENUE, SIXTH FLOOR
NEW YORK
NY
10001
0
1
0
0
COO and Head of Prod. Dev.
Class A Common Stock
2021-06-21
4
C
0
40000
0
A
40413
D
Class A Common Stock
2021-06-21
4
S
0
3701
104.8555
D
36712
D
Class A Common Stock
2021-06-21
4
S
0
5339
105.8226
D
31373
D
Class A Common Stock
2021-06-21
4
S
0
7129
106.8006
D
24244
D
Class A Common Stock
2021-06-21
4
S
0
18704
107.9572
D
5540
D
Class A Common Stock
2021-06-21
4
S
0
5127
108.3536
D
413
D
Class A Common Stock
106000
I
By LLC
Stock Option (right to buy Class B Common Stock)
0.7525
2021-06-21
4
M
0
40000
0
D
2026-04-19
Class B Common Stock
40000.0
220000
D
Class B Common Stock
2021-06-21
4
M
0
40000
0
A
Class A Common Stock
40000.0
1069922
D
Class B Common Stock
2021-06-21
4
C
0
40000
0
D
Class A Common Stock
40000.0
1029922
D
Class B Common Stock
Class A Common Stock
261052.0
261052
I
By LLC
Class B Common Stock
Class A Common Stock
50000.0
50000
I
By GRAT 1
Class B Common Stock
Class A Common Stock
50000.0
50000
I
By GRAT 2
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 $104.26 to $105.20 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 $105.26 to $106.23 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 $106.28 to $107.26 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 $107.28 to $108.27 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 $108.28 to $108.57 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 option is fully vested and exercisable.
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.
These securities are held of record by TPC 2021 GRAT I.
These securities are held of record by TPC 2021 GRAT 2.
/s/ Hisao Kushi as attorney-in-fact for Thomas Cortese
2021-06-23