Filing Details

Accession Number:
0001639825-22-000140
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-17 16:38:09
Reporting Period:
2022-10-24
Accepted Time:
2022-11-17 16:38:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639825 Peloton Interactive Inc. PTON Sporting & Athletic Goods, Nec (3949) 473533761
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1788276 Thomas Cortese C/O Peloton Interactive, Inc.
441 Ninth Avenue, Sixth Floor
New York NY 10001
Chief Product Officer 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 2022-11-15 29,751 $0.00 30,164 No 4 M Direct
Class A Common Stock Disposition 2022-11-16 11,445 $11.17 18,719 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Unit (RSU) Disposition 2022-11-15 29,751 $0.00 29,751 $0.00
Class A Common Stock Class B Common Stock Disposition 2022-10-24 100,000 $0.00 100,000 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2022-10-24 100,000 $0.00 100,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2022-11-11 50,000 $0.00 50,000 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2022-11-11 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
446,256 No 4 M Direct
1,361,922 No 4 G Direct
100,000 No 4 G Indirect
0 No 4 G Indirect
1,411,922 No 4 G Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 106,000 Indirect By LLC
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 $0.00 261,052 261,052 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
261,052 261,052 Indirect
Footnotes
  1. Each RSU represents a contingent right to receive one (1) share of the issuer's Class A common stock upon settlement for no consideration.
  2. The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.1704 to $11.1938 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.
  4. The RSUs vest as to 6.25% of the total shares quarterly, commencing November 15, 2022, with 100% of the total shares vested on August 15, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
  5. 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.
  6. These securities are held of record by The TPC 2021 GRAT 4.
  7. These securities are held of record by The TPC 2021 GRAT 3.