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Filing Details

Accession Number:: 0001788958-19-000002
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-10-02 19:23:48
Reporting Period:: 2019-09-30

Accepted Time:: 2019-10-02 19:23:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1639825	Peloton Interactive Inc.	PTON	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1082906	C Jay Hoag	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	Yes	No	No	No
1666730	Tcv Ix, L.p.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	Yes	Yes
1666731	Tcv Ix (A), L.p.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	No	Yes
1698264	Technology Crossover Management Ix, Ltd.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	Yes	Yes
1698927	Technology Crossover Management Ix, L.p.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	Yes	Yes
1788958	Tcv Ix Cycle, L.p.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	Yes	Yes
1788959	Tcv Ix Cycle Gp, Llc	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	Yes	Yes
1788962	Tcv Ix Cycle (Mf), L.p.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	No	Yes
1788966	Tcv Ix Cycle (B), L.p.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	No	Yes
1788967	Tcv Ix Cycle (A), L.p.	C/O Tcv 250 Middlefield Road Menlo Park CA 94025	No	No	No	Yes

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	Explanation
Class A Common Stock	Acquisiton	2019-09-30	1,220,480	$29.00	1,220,480	No	4	P	Direct
Class A Common Stock	Acquisiton	2019-09-30	344,375	$29.00	344,375	No	4	P	Indirect	TCV IX Cycle (A), L.P.
Class A Common Stock	Acquisiton	2019-09-30	65,183	$29.00	65,183	No	4	P	Indirect	TCV IX Cycle (B), L.P.
Class A Common Stock	Acquisiton	2019-09-30	94,100	$29.00	94,100	No	4	P	Indirect	TCV IX Cycle (MF), L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	TCV IX Cycle (A), L.P.
No	4	P	Indirect	TCV IX Cycle (B), L.P.
No	4	P	Indirect	TCV IX Cycle (MF), L.P.

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Series D Preferred Stock	Disposition	2019-09-30	1,810,043	$0.00	1,810,043	$0.00
Class B Common Stock	Series F Preferred Stock	Disposition	2019-09-30	7,350,467	$0.00	7,350,467	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2019-09-30	9,160,510	$0.00	9,160,510	$0.00
Class B Common Stock	Series D Preferred Stock	Disposition	2019-09-30	96,670	$0.00	96,670	$0.00
Class B Common Stock	Series F Preferred Stock	Disposition	2019-09-30	392,570	$0.00	392,570	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2019-09-30	489,240	$0.00	489,240	$0.00
Class B Common Stock	Series D Preferred Stock	Disposition	2019-09-30	139,555	$0.00	139,555	$0.00
Class B Common Stock	Series F Preferred Stock	Disposition	2019-09-30	570,620	$0.00	570,620	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2019-09-30	710,175	$0.00	710,175	$0.00
Class B Common Stock	Series D Preferred Stock	Disposition	2019-09-30	510,727	$0.00	510,727	$0.00
Class B Common Stock	Series F Preferred Stock	Disposition	2019-09-30	2,074,031	$0.00	2,074,031	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2019-09-30	2,584,758	$0.00	2,584,758	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	No	4	C	Direct
0	No	4	C	Direct
9,160,510	No	4	C	Direct
0	No	4	C	Indirect
0	No	4	C	Indirect
489,240	No	4	C	Indirect
0	No	4	C	Indirect
0	No	4	C	Indirect
710,175	No	4	C	Indirect
0	No	4	C	Indirect
0	No	4	C	Indirect
2,584,758	No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	0	Direct

Footnotes

These shares are directly held by TCV IX Cycle, L.P. ("Cycle IX"). Jay C. Hoag is a Class A Member of Technology Crossover Management IX, Ltd. ("Management IX") and a limited partner of Technology Crossover Management IX, L.P. ("TCM IX"). Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX, L.P., which in turn is the sole member of TCV IX Cycle GP, LLC ("TCV IX Cycle GP"), which in turn is the sole general partner of Cycle IX. Mr. Hoag, Management IX, TCM IX, TCV IX, L.P. and TCV IX Cycle GP may be deemed to beneficially own the shares held by Cycle IX but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
These shares are directly held by TCV IX Cycle (A), L.P. ("Cycle A IX"). Mr. Hoag is a Class A Member of Management IX and a limited partner of TCM IX. Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX, L.P., which in turn is the sole member of TCV IX Cycle GP, which in turn is the sole general partner of Cycle A IX. Mr. Hoag, Management IX, TCM IX, TCV IX, L.P. and TCV IX Cycle GP may be deemed to beneficially own the shares held by Cycle A IX but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
These shares are directly held by TCV IX Cycle (B), L.P. ("Cycle B IX"). Mr. Hoag is a Class A Member of Management IX and a limited partner of TCM IX. Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX, L.P., which in turn is the sole member of TCV IX Cycle GP, which in turn is the sole general partner of Cycle B IX. Mr. Hoag, Management IX, TCM IX, TCV IX, L.P. and TCV IX Cycle GP may be deemed to beneficially own the shares held by Cycle B IX but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
These shares are directly held by TCV Cycle IX (MF), L.P. ("Cycle MF IX"). Mr. Hoag is a Class A Member of Management IX and a limited partner of TCM IX. Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX, L.P., which in turn is the sole member of TCV IX Cycle GP, which in turn is the sole general partner of Cycle MF IX. Mr. Hoag is also a limited partner of TCV Member Fund, L.P., which is the sole limited partner of Cycle MF IX. Mr. Hoag, Management IX, TCM IX, TCV IX, L.P. and TCV IX Cycle GP may be deemed to beneficially own the shares held by Cycle MF IX but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
Mr. Hoag is a Class A Member of Management IX and Technology Crossover Management X, Ltd. and a limited partner of TCM IX and Technology Crossover Management X, L.P. Mr. Hoag is a director of the issuer and directly owns no shares of the issuer.
Each share of the issuer's Series D Preferred Stock automatically converted into (one) 1 share of the issuer's Class B Common Stock on September 30, 2019 in connection with the closing of the issuer's sale of its Class A Common Stock in its firm commitment initial public offering (the "IPO") pursuant to a registration statement on Form S-1 (File No. 333-233482) under the Securities Act of 1933, as amended (the "Registration Statement"), and had no expiration date.
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 IPO, (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.
Each share of the issuer's Series F Preferred Stock automatically converted into (one) 1 share of the issuer's Class B Common Stock on September 30, 2019 in connection with the closing of the issuer's sale of its Class A Common Stock in its IPO pursuant to the Registration Statement and had no expiration date.
These shares are directly held by TCV IX (A), L.P. ("TCV IX A"). Mr. Hoag is a Class A Member of Management IX and a limited partner of TCM IX. Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX A. Mr. Hoag, Management IX and TCM IX may be deemed to beneficially own the shares held by TCV IX A but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.