Filing Details

Accession Number:
0001639825-20-000125
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-16 16:33:36
Reporting Period:
2020-09-14
Accepted Time:
2020-09-16 16:33:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639825 Peloton Interactive Inc. PTON Electronic & Other Electrical Equipment (No Computer Equip) (3600) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1788276 Thomas Cortese C/O Peloton Interactive, Inc.
125 West 25Th Street, 11Th Floor
New York NY 10001
Coo And Head Of Prod. Dev. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-09-14 300,000 $0.00 300,413 No 4 C Direct
Class A Common Stock Disposition 2020-09-14 300,000 $80.83 413 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (right to buy Class B Common Stock) Disposition 2020-09-14 300,000 $0.00 300,000 $0.75
Class A Common Stock Class B Common Stock Acquisiton 2020-09-14 300,000 $0.00 300,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2020-09-14 300,000 $0.00 300,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
500,000 2026-04-19 No 4 M Direct
1,201,172 No 4 M Direct
901,172 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 277,052 277,052 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
277,052 277,052 Indirect
Footnotes
  1. Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  3. The option is fully vested and exercisable.
  4. 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.
  5. The holder elected to convert the Class B common stock to Class A common stock on a 1-for-1 basis.
  6. These securities are held of record by Rachel Cortese and Craig Eckenthal, Trustees of The Harbor View Trust dated 12/22/2017.