NBCUniversal Media, LLC 3
3 · PELOTON INTERACTIVE, INC. · Filed Sep 25, 2019
Insider Transaction Report
Form 3
COMCAST CORP
10% Owner
Holdings
- (indirect: By Subsidiary)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (10,340,864 underlying)
Footnotes (3)
- [F1]Each share of Class B common stock is convertible at any time at the option of Comcast Corporation into one share of Class A common stock. All shares of Class B common stock will automatically convert into shares of Class A common stock upon the occurrence of certain events specified in the Issuer's sixth amended and restated certificate of incorporation. Subject to such automatic conversion, the shares of Class B common stock have no expiration date.
- [F2]Based on the Issuer's Form S-1/A filed with the U.S. Securities and Exchange Commission (the "SEC") on September 10, 2019 (the "Form S-1"), Comcast's holding of shares of Class B common stock is deemed to represent a beneficial ownership more than 10% of the outstanding shares of Class A common stock. However, based on the Form S-1, Comcast's shares of Class B common stock represent less than 5% of total equity and voting power of all shares of the Issuer's Class A common stock and Class B common stock on a combined basis.
- [F3]NBCUniversal Media, LLC is a wholly owned subsidiary of NBCUniversal, LLC; Comcast Corporation owns 100% of NBCUniversal, LLC's common equity (through wholly owned subsidiaries).