True Venture Management, L.L.C. 4

Accession 0001104659-20-105386

CIK 0001639825other

View on SEC.gov Company Profile

Filed

Sep 14, 8:00 PM ET

Accepted

Sep 15, 9:05 PM ET

Size

54.2 KB

Accession

0001104659-20-105386

Insider Transaction Report

Form 4

Period: 2020-09-11

PELOTON INTERACTIVE, INC.PTON

True Venture Management, L.L.C.

10% Owner

Transactions

Conversion
Class A Common Stock
2020-09-11+7,661,534→ 7,661,534 total(indirect: By True Ventures IV, L.P.)
Other
Class A Common Stock
2020-09-11−7,661,534→ 0 total(indirect: By True Ventures IV, L.P.)
Other
Class A Common Stock
2020-09-11−1,654,895→ 0 total(indirect: By True Venture Partners IV, L.L.C.)
Other
Class A Common Stock
2020-09-11+356,264→ 356,264 total(indirect: By True Venture Partners Select I, L.L.C.)
Other
Class A Common Stock
2020-09-11−1,163,338→ 0 total(indirect: By True Ventures Select II, L.P.)
Other
Class A Common Stock
2020-09-11+188,371→ 188,371 total(indirect: By True Venture Partners Select II, L.L.C.)
Conversion
Class A Common Stock
2020-09-11+1,440,861→ 1,440,861 total(indirect: By True Ventures Select III, L.P.)
Other
Class A Common Stock
2020-09-11−1,440,861→ 0 total(indirect: By True Ventures Select III, L.P.)
Other
Class A Common Stock
2020-09-11+41,007→ 41,007 total(indirect: By True Venture Management, L.L.C.)
Other
Class A Common Stock
2020-09-11+465,407→ 465,407 total(indirect: See footnote)
Conversion
Class B Common Stock
2020-09-11−1,649,362→ 706,869 total(indirect: By True Ventures Select I, L.P.)
→ Class A Common Stock (1,649,362 underlying)
Conversion
Class B Common Stock
2020-09-11−1,440,861→ 617,512 total(indirect: By True Ventures Select III, L.P.)
→ Class A Common Stock (1,440,861 underlying)
Conversion
Class A Common Stock
2020-09-11+1,649,362→ 1,649,362 total(indirect: By True Ventures Select I, L.P.)
Other
Class A Common Stock
2020-09-11+28,816→ 28,816 total(indirect: By True Venture Partners Select III, L.L.C.)
Other
Class A Common Stock
2020-09-11−28,816→ 0 total(indirect: By True Venture Partners Select III, L.L.C.)
Other
Class A Common Stock
2020-09-11+31,327→ 31,327 total(indirect: See footnote)
Other
Class A Common Stock
2020-09-11+1,654,895→ 1,654,895 total(indirect: By True Venture Partners IV, L.L.C.)
Other
Class A Common Stock
2020-09-11−1,649,362→ 0 total(indirect: By True Ventures Select I, L.P.)
Other
Class A Common Stock
2020-09-11−356,264→ 0 total(indirect: By True Venture Partners Select I, L.L.C.)
Conversion
Class A Common Stock
2020-09-11+1,163,338→ 1,163,338 total(indirect: By True Ventures Select II, L.P.)
Other
Class A Common Stock
2020-09-11−188,371→ 0 total(indirect: By True Venture Partners Select II, L.L.C.)
Conversion
Class B Common Stock
2020-09-11−7,661,534→ 3,283,515 total(indirect: By True Ventures IV, L.P.)
→ Class A Common Stock (7,661,534 underlying)
Conversion
Class B Common Stock
2020-09-11−1,163,338→ 498,573 total(indirect: By True Ventures Select II, L.P.)
→ Class A Common Stock (1,163,338 underlying)

True Ventures Select II, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2020-09-11+7,661,534→ 7,661,534 total(indirect: By True Ventures IV, L.P.)
Other
Class A Common Stock
2020-09-11−7,661,534→ 0 total(indirect: By True Ventures IV, L.P.)
Other
Class A Common Stock
2020-09-11−1,163,338→ 0 total(indirect: By True Ventures Select II, L.P.)
Conversion
Class A Common Stock
2020-09-11+1,440,861→ 1,440,861 total(indirect: By True Ventures Select III, L.P.)
Other
Class A Common Stock
2020-09-11+41,007→ 41,007 total(indirect: By True Venture Management, L.L.C.)
Other
Class A Common Stock
2020-09-11−1,654,895→ 0 total(indirect: By True Venture Partners IV, L.L.C.)
Other
Class A Common Stock
2020-09-11−1,649,362→ 0 total(indirect: By True Ventures Select I, L.P.)
Other
Class A Common Stock
2020-09-11−356,264→ 0 total(indirect: By True Venture Partners Select I, L.L.C.)
Conversion
Class A Common Stock
2020-09-11+1,163,338→ 1,163,338 total(indirect: By True Ventures Select II, L.P.)
Other
Class A Common Stock
2020-09-11−1,440,861→ 0 total(indirect: By True Ventures Select III, L.P.)
Other
Class A Common Stock
2020-09-11+28,816→ 28,816 total(indirect: By True Venture Partners Select III, L.L.C.)
Conversion
Class B Common Stock
2020-09-11−7,661,534→ 3,283,515 total(indirect: By True Ventures IV, L.P.)
→ Class A Common Stock (7,661,534 underlying)
Conversion
Class B Common Stock
2020-09-11−1,649,362→ 706,869 total(indirect: By True Ventures Select I, L.P.)
→ Class A Common Stock (1,649,362 underlying)
Conversion
Class B Common Stock
2020-09-11−1,163,338→ 498,573 total(indirect: By True Ventures Select II, L.P.)
→ Class A Common Stock (1,163,338 underlying)
Other
Class A Common Stock
2020-09-11+1,654,895→ 1,654,895 total(indirect: By True Venture Partners IV, L.L.C.)
Other
Class A Common Stock
2020-09-11−188,371→ 0 total(indirect: By True Venture Partners Select II, L.L.C.)
Other
Class A Common Stock
2020-09-11−28,816→ 0 total(indirect: By True Venture Partners Select III, L.L.C.)
Other
Class A Common Stock
2020-09-11+465,407→ 465,407 total(indirect: See footnote)
Other
Class A Common Stock
2020-09-11+31,327→ 31,327 total(indirect: See footnote)
Conversion
Class B Common Stock
2020-09-11−1,440,861→ 617,512 total(indirect: By True Ventures Select III, L.P.)
→ Class A Common Stock (1,440,861 underlying)
Conversion
Class A Common Stock
2020-09-11+1,649,362→ 1,649,362 total(indirect: By True Ventures Select I, L.P.)
Other
Class A Common Stock
2020-09-11+356,264→ 356,264 total(indirect: By True Venture Partners Select I, L.L.C.)
Other
Class A Common Stock
2020-09-11+188,371→ 188,371 total(indirect: By True Venture Partners Select II, L.L.C.)

True Ventures Select III, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2020-09-11+1,649,362→ 1,649,362 total(indirect: By True Ventures Select I, L.P.)
Other
Class A Common Stock
2020-09-11+356,264→ 356,264 total(indirect: By True Venture Partners Select I, L.L.C.)
Other
Class A Common Stock
2020-09-11−356,264→ 0 total(indirect: By True Venture Partners Select I, L.L.C.)
Conversion
Class A Common Stock
2020-09-11+1,440,861→ 1,440,861 total(indirect: By True Ventures Select III, L.P.)
Other
Class A Common Stock
2020-09-11+465,407→ 465,407 total(indirect: See footnote)
Other
Class A Common Stock
2020-09-11+31,327→ 31,327 total(indirect: See footnote)
Conversion
Class B Common Stock
2020-09-11−7,661,534→ 3,283,515 total(indirect: By True Ventures IV, L.P.)
→ Class A Common Stock (7,661,534 underlying)
Conversion
Class B Common Stock
2020-09-11−1,440,861→ 617,512 total(indirect: By True Ventures Select III, L.P.)
→ Class A Common Stock (1,440,861 underlying)
Conversion
Class A Common Stock
2020-09-11+7,661,534→ 7,661,534 total(indirect: By True Ventures IV, L.P.)
Other
Class A Common Stock
2020-09-11−7,661,534→ 0 total(indirect: By True Ventures IV, L.P.)
Other
Class A Common Stock
2020-09-11+1,654,895→ 1,654,895 total(indirect: By True Venture Partners IV, L.L.C.)
Other
Class A Common Stock
2020-09-11−1,654,895→ 0 total(indirect: By True Venture Partners IV, L.L.C.)
Other
Class A Common Stock
2020-09-11+41,007→ 41,007 total(indirect: By True Venture Management, L.L.C.)
Conversion
Class B Common Stock
2020-09-11−1,649,362→ 706,869 total(indirect: By True Ventures Select I, L.P.)
→ Class A Common Stock (1,649,362 underlying)
Other
Class A Common Stock
2020-09-11−1,649,362→ 0 total(indirect: By True Ventures Select I, L.P.)
Conversion
Class A Common Stock
2020-09-11+1,163,338→ 1,163,338 total(indirect: By True Ventures Select II, L.P.)
Other
Class A Common Stock
2020-09-11−1,163,338→ 0 total(indirect: By True Ventures Select II, L.P.)
Other
Class A Common Stock
2020-09-11+188,371→ 188,371 total(indirect: By True Venture Partners Select II, L.L.C.)
Other
Class A Common Stock
2020-09-11−188,371→ 0 total(indirect: By True Venture Partners Select II, L.L.C.)
Other
Class A Common Stock
2020-09-11−1,440,861→ 0 total(indirect: By True Ventures Select III, L.P.)
Other
Class A Common Stock
2020-09-11+28,816→ 28,816 total(indirect: By True Venture Partners Select III, L.L.C.)
Other
Class A Common Stock
2020-09-11−28,816→ 0 total(indirect: By True Venture Partners Select III, L.L.C.)
Conversion
Class B Common Stock
2020-09-11−1,163,338→ 498,573 total(indirect: By True Ventures Select II, L.P.)
→ Class A Common Stock (1,163,338 underlying)

Footnotes (14)

[F1]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.
[F10]Represents a pro-rata, in-kind distribution by True Ventures Select III, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
[F11]Represents a pro-rata, in-kind distribution by True Venture Partners Select III, L.L.C., without additional consideration, to its members and assigns.
[F12]These securities are held of record by True Venture Management, L.L.C., which is controlled by Jon Callaghan and Philip D. Black.
[F13]These securities are held of record by a family trust controlled by Philip D. Black.
[F14]These securities are held of record by a limited liability company controlled by Philip D. Black.
[F2]These securities are held of record by True Ventures IV, L.P., True Ventures Select I, L.P., True Ventures Select II, L.P., True Ventures Select III, L.P., True Venture Partners IV, L.L.C., True Venture Partners Select I, L.L.C., True Venture Partners Select II, L.L.C. and True Venture Partners Select III, L.L.C., as applicable. True Venture Partners IV, L.L.C. is the general partner of True Ventures IV, L.P., True Venture Partners Select I, L.L.C. is the general partner of True Ventures Select I, L.P., True Venture Partners Select II, L.L.C. is the general partner of True Ventures Select II, L.P., and True Venture Partners Select III, L.L.C. is the general partner of True Ventures Select III, L.P. Jon Callaghan and Philip Black are the managing members of each of True Ventures IV, L.L.C., True Venture Partners Select I, L.L.C., True Venture Partners Select II, L.L.C, and True Venture Partners Select III, L.L.C..
[F3]The reported securities are held of record by True Ventures IV, L.P. for itself and as nominee for True Ventures IV-A, L.P.
[F4]Represents a pro-rata, in-kind distribution by True Ventures IV, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
[F5]Represents a pro-rata, in-kind distribution by True Venture Partners IV, L.L.C., without additional consideration, to its members and assigns.
[F6]Represents a pro-rata, in-kind distribution by True Ventures Select I, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
[F7]Represents a pro-rata, in-kind distribution by True Venture Partners Select I, L.L.C., without additional consideration, to its members and assigns.
[F8]Represents a pro-rata, in-kind distribution by True Ventures Select II, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
[F9]Represents a pro-rata, in-kind distribution by True Venture Partners Select II, L.L.C., without additional consideration, to its members and assigns.

Documents

1 file

4
tm2030923d2_4.xmlPrimary
OWNERSHIP DOCUMENT

Issuer

PELOTON INTERACTIVE, INC.

CIK 0001639825

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001645914

Filing Metadata

Form type: 4
Filed: Sep 14, 8:00 PM ET
Accepted: Sep 15, 9:05 PM ET
Size: 54.2 KB

View on SEC.gov