Filing Details

Accession Number:
0001639825-21-000220
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-21 16:32:57
Reporting Period:
2021-07-19
Accepted Time:
2021-07-21 16:32:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639825 Peloton Interactive Inc. PTON () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1401466 C. Howard Draft C/O Peloton Interactive, Inc.
441 Ninth Avenue, Sixth Floor
New York NY 10001
Yes No 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 2021-07-19 4,584 $0.00 268,751 No 4 C Direct
Class A Common Stock Acquisiton 2021-07-19 3,333 $0.00 272,084 No 4 C Direct
Class A Common Stock Acquisiton 2021-07-19 7,083 $0.00 279,167 No 4 C Direct
Class A Common Stock Disposition 2021-07-19 700 $110.31 278,467 No 4 S Direct
Class A Common Stock Disposition 2021-07-19 600 $112.99 277,867 No 4 S Direct
Class A Common Stock Disposition 2021-07-19 995 $114.24 276,872 No 4 S Direct
Class A Common Stock Disposition 2021-07-19 800 $115.40 276,072 No 4 S Direct
Class A Common Stock Disposition 2021-07-19 3,506 $116.64 272,566 No 4 S Direct
Class A Common Stock Disposition 2021-07-19 6,174 $117.66 266,392 No 4 S Direct
Class A Common Stock Disposition 2021-07-19 2,225 $118.33 264,167 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
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
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 2021-07-19 4,584 $0.00 4,584 $2.89
Class A Common Stock Class B Common Stock Acquisiton 2021-07-19 4,584 $0.00 4,584 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-07-19 4,584 $0.00 4,584 $0.00
Class B Common Stock Stock Option (right to buy Class B Common Stock) Disposition 2021-07-19 3,333 $0.00 3,333 $3.28
Class A Common Stock Class B Common Stock Acquisiton 2021-07-19 3,333 $0.00 3,333 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-07-19 3,333 $0.00 3,333 $0.00
Class B Common Stock Stock Option (right to buy Class B Common Stock) Disposition 2021-07-19 7,083 $0.00 7,083 $8.82
Class A Common Stock Class B Common Stock Acquisiton 2021-07-19 7,083 $0.00 7,083 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-07-19 7,083 $0.00 7,083 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2027-08-07 No 4 M Direct
307,516 No 4 M Direct
302,932 No 4 C Direct
26,667 2028-04-01 No 4 M Direct
306,265 No 4 M Direct
302,932 No 4 C Direct
220,834 2029-01-16 No 4 M Direct
310,015 No 4 M Direct
302,932 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 34,483 Indirect By Howard Craig Draft Living Trust
Class A Common Stock 17,241 Indirect By IRA
Class A Common Stock 113,695 Indirect By Spouse
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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.05 to $111.02 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.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.60 to $113.41 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.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.70 to $114.61 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.
  6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.89 to $115.82 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.
  7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.08 to $117.07 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.
  8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.10 to $118.09 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.
  9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.10 to $118.55 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.
  10. These shares are held of record by Howard Draft and Louis R Malikow, Trustees of the Howard Craig Draft Living Trust u/a/d 2/22/1991.
  11. These shares are held of record by Goldman Sachs, Custodian of the reporting person's IRA.
  12. The option vested as to 25% of the total shares on July 12, 2018 and then 2.0833% of the total shares vest monthly thereafter, with 100% of the total shares vested on July 12, 2021, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
  13. 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.
  14. The holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis.
  15. The option vests as to 2.0833% of the total shares monthly, commencing April 15, 2018, with 100% of the total shares vested on March 15, 2022, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
  16. The option vests as to 2.0833% of the total shares monthly, commencing February 17, 2019, with 100% of the total shares vested on January 17, 2023, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.