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
- Each RSU represents a contingent right to receive one (1) share of the issuer's Class A common stock upon settlement for no consideration.
- The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
- 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.
- 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.
- 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.
- These securities are held of record by The TPC 2021 GRAT 4.
- These securities are held of record by The TPC 2021 GRAT 3.
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