Home > Insider Trading > Filing (0001639825-21-000004)

Filing Details

Accession Number:: 0001639825-21-000004
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-01-13 16:33:22
Reporting Period:: 2021-01-12

Accepted Time:: 2021-01-13 16:33:22
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-01-12	40,000	$0.00	40,413	No	4	C	Direct
Class A Common Stock	Disposition	2021-01-12	2,700	$148.64	37,713	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	6,648	$149.54	31,065	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	5,001	$150.46	26,064	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	3,390	$151.50	22,674	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	5,361	$152.67	17,313	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	3,300	$153.38	14,013	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	2,401	$154.39	11,612	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	2,270	$155.73	9,342	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-12	8,929	$156.34	413	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

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	2021-01-12	40,000	$0.00	40,000	$0.75
Class A Common Stock	Class B Common Stock	Acquisiton	2021-01-12	40,000	$0.00	40,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-01-12	40,000	$0.00	40,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
420,000	2026-04-19	No	4	M	Direct
1,194,922		No	4	M	Direct
1,154,922		No	4	C	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			342,052	342,052	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	342,052	342,052	Indirect

Footnotes

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 $148.02 to $148.99 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 $149.03 to $150.02 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 $150.03 to $151.02 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 $151.04 to $152.02 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 $152.05 to $153.04 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 $153.05 to $154.00 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 $154.06 to $154.93 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 $155.06 to $156.04 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 $156.06 to $156.98 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 be converted 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 Rachel Cortese and Jordan Greenberger, Trustees of The Harbor View Trust dated 12/22/2017.