0001639825-21-000298.txt : 20210916 0001639825-21-000298.hdr.sgml : 20210916 20210916193935 ACCESSION NUMBER: 0001639825-21-000298 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210915 FILED AS OF DATE: 20210916 DATE AS OF CHANGE: 20210916 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Woodworth Jill CENTRAL INDEX KEY: 0001787749 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39058 FILM NUMBER: 211258966 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_163183555637889.xml FORM 4 X0306 4 2021-09-15 0 0001639825 PELOTON INTERACTIVE, INC. PTON 0001787749 Woodworth Jill C/O PELOTON INTERACTIVE, INC. 441 NINTH AVENUE, SIXTH FLOOR NEW YORK NY 10001 0 1 0 0 Chief Financial Officer Class A Common Stock 2021-09-15 4 C 0 50000 0 A 50000 D Class A Common Stock 2021-09-15 4 S 0 10582 104.6011 D 39418 D Class A Common Stock 2021-09-15 4 S 0 25488 105.4899 D 13930 D Class A Common Stock 2021-09-15 4 S 0 12430 106.1513 D 1500 D Class A Common Stock 2021-09-15 4 S 0 400 107.53 D 1100 D Class A Common Stock 2021-09-15 4 S 0 1100 108.3918 D 0 D Stock Option (right to buy Class B Common Stock) 3.28 2021-09-15 4 M 0 50000 0 D 2028-04-01 Class B Common Stock 50000.0 1400000 D Class B Common Stock 2021-09-15 4 M 0 50000 0 A Class A Common Stock 50000.0 50000 D Class B Common Stock 2021-09-15 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 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 $103.97 to $104.95 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 $104.97 to $105.96 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 $105.97 to $106.96 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 $106.97 to $107.73 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 $108.22 to $108.58 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 vested as to 25% of the total shares on April 23, 2019, then 2.0833% of the total shares vest monthly, with 100% of the total shares vested and exercisable on April 23, 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. /s/ Bart Goldstein as attorney-in-fact for Jill Woodworth 2021-09-16