0001639825-23-000174.txt : 20231117
0001639825-23-000174.hdr.sgml : 20231117
20231117163446
ACCESSION NUMBER: 0001639825-23-000174
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231115
FILED AS OF DATE: 20231117
DATE AS OF CHANGE: 20231117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Baig Saqib
CENTRAL INDEX KEY: 0001954584
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39058
FILM NUMBER: 231419342
MAIL ADDRESS:
STREET 1: C/O PELOTON INTERACTIVE, INC.
STREET 2: 441 NINTH AVENUE, SIXTH 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
wk-form4_1700256865.xml
FORM 4
X0508
4
2023-11-15
0
0001639825
PELOTON INTERACTIVE, INC.
PTON
0001954584
Baig Saqib
C/O PELOTON INTERACTIVE, INC.
441 NINTH AVENUE, SIXTH FLOOR
NEW YORK
NY
10001
0
1
0
0
Chief Accounting Officer
0
Class A Common Stock
2023-11-15
4
M
0
79892
A
84849.47
D
Class A Common Stock
2023-11-15
4
M
0
24583
A
109432.47
D
Class A Common Stock
2023-11-15
4
M
0
7500
A
116932.47
D
Class A Common Stock
2023-11-16
4
S
0
43216
5.2237
D
73716.47
D
Restricted Stock Unit (RSU)
2023-11-15
4
M
0
79892
0
D
Class A Common Stock
79892
239676
D
Restricted Stock Unit (RSU)
2023-11-15
4
M
0
24583
0
D
Class A Common Stock
24583
24582
D
Restricted Stock Unit (RSU)
2023-11-15
4
M
0
7500
0
D
Class A Common Stock
7500
112500
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.2150 to $5.2350 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 RSU vests as to 25% of the total shares on November 15, 2023, then 6.25% of the total shares vest quarterly with 100% of the total shares vested on November 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
The RSU vests as to 50% of the total shares on November 15, 2023, and 50% of the total shares on November 15, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.
The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2023, with 100% of the total shares vested on August 15, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
/s/ Bart Goldstein as attorney-in-fact for Saqib Baig
2023-11-17