Home/Filings/4/0001104659-21-141281

4//SEC Filing

Technology Crossover Management X, L.P. 4

Accession 0001104659-21-141281

CIK 0001639825other

View on SEC.gov Company Profile

Filed

Nov 17, 7:00 PM ET

Accepted

Nov 18, 5:23 PM ET

Size

47.8 KB

Accession

0001104659-21-141281

Insider Transaction Report

Form 4

Period: 2021-11-16

PELOTON INTERACTIVE, INC.PTON

TCV X Cycle, L.P.

Other

Transactions

Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)

TCV X Cycle (A), L.P.

Other

Transactions

Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)

TCV X Cycle (B), L.P.

Other

Transactions

Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)

TCV X Cycle (MF), L.P.

Other

Transactions

Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)

TCV X, L.P.

Other

Transactions

Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)

TCV X (B), L.P.

Other

Transactions

Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)

TCV X Member Fund, L.P.

Other

Transactions

Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)

Technology Crossover Management X, L.P.

Other

Transactions

Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)

Technology Crossover Management X, Ltd.

Other

Transactions

Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)

TCV X (A), L.P.

Other

Transactions

Conversion
Class B Common Stock
2021-11-16−24,971→ 2,037,126 total
→ Class A Common Stock (24,971 underlying)
Conversion
Class B Common Stock
2021-11-16−6,193→ 505,169 total(indirect: TCV X Cycle (A), L.P.)
→ Class A Common Stock (6,193 underlying)
Conversion
Class A Common Stock
2021-11-16+1,218→ 63,613 total(indirect: TCV X Cycle (B), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+117,650$5,411,900→ 142,399 total(indirect: TCV X (A) Blocker, L.P.)
Conversion
Class A Common Stock
2021-11-16+6,193→ 323,546 total(indirect: TCV X Cycle (A), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+474,426$21,823,596→ 574,229 total(indirect: TCV X, L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+23,130$1,063,980→ 27,995 total(indirect: TCV X (B), L.P.)
Purchase
Class A Common Stock
2021-11-18$46.00/sh+26,414$1,215,044→ 31,971 total(indirect: TCV X Member Fund, L.P.)
Conversion
Class A Common Stock
2021-11-16+24,971→ 1,304,697 total
Conversion
Class A Common Stock
2021-11-16+1,391→ 73,176 total(indirect: TCV X Cycle (MF), L.P.)
Conversion
Class B Common Stock
2021-11-16−1,391→ 113,982 total(indirect: TCV X Cycle (MF), L.P.)
→ Class A Common Stock (1,391 underlying)
Conversion
Class B Common Stock
2021-11-16−1,218→ 99,314 total(indirect: TCV X Cycle (B), L.P.)
→ Class A Common Stock (1,218 underlying)

Footnotes (11)

[F1]These shares are directly held by TCV X, L.P. ("TCV X"). Jay C. Hoag is a Class A Member of Technology Crossover Management X, Ltd. ("Management X") and a limited partner of Technology Crossover Management X, L.P. ("TCM X"). Management X is the sole general partner of TCM X, which in turn is the sole general partner of TCV X. Mr. Hoag, Management X, and TCM X may be deemed to beneficially own the shares held by TCV X but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F10]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.
[F11]The holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis.
[F2]These shares are directly held by TCV X (A) Blocker, L.P. ("TCV X A Blocker"). Mr. Hoag is a Class A Member of Management X and a limited partner of TCM X. Management X is the sole general partner of TCM X, which in turn is the sole general partner of TCV X A Blocker. TCM X is also the sole general partner of TCV X (A), L.P. which is sole shareholder of TCV X (A) Blocker, Ltd., which in turn is the sole limited partner of TCV X A Blocker. Mr. Hoag, Management X, TCM X, TCV X (A), L.P. and TCV X (A) Blocker, Ltd. may be deemed to beneficially own the shares held by TCV X A Blocker but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F3]These shares are directly held by TCV X (B), L.P. ("TCV X (B)"). Jay C. Hoag is a Class A Member of Management X and a limited partner of TCM X. Management X is the sole general partner of TCM X, which in turn is the sole general partner of TCV X (B). Mr. Hoag, Management X, and TCM X may be deemed to beneficially own the shares held by TCV X (B) but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F4]These shares are directly held by TCV X Member Fund, L.P. ("TCV X MF"). Mr. Hoag is a Class A Member of Management X. Management X is the general partner of TCV X MF. Mr. Hoag is also a limited partner of TCV X MF. Mr. Hoag and Management X may be deemed to beneficially own the shares held by TCV X MF but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F5]Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
[F6]These shares are directly held by TCV X Cycle, L.P. ("Cycle X"). Jay C. Hoag is a Class A Member of Management X and a limited partner of TCM X. Management X is the sole general partner of TCM X, which in turn is the sole general partner of TCV X, which in turn is the sole member of TCV X Cycle GP, LLC ("TCV X Cycle GP"), which in turn is the sole general partner of Cycle X. Mr. Hoag, Management X, TCM X, TCV X and TCV X Cycle GP may be deemed to beneficially own the shares held by Cycle X but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F7]These shares are directly held by TCV X Cycle (A), L.P. ("Cycle A X"). Mr. Hoag is a Class A Member of Management X and a limited partner of TCM X. Management X is the sole general partner of TCM X, which in turn is the sole general partner of TCV X, which in turn is the sole member of TCV X Cycle GP, which in turn is the sole general partner of Cycle A X. Mr. Hoag, Management X, TCM X, TCV X and TCV X Cycle GP may be deemed to beneficially own the shares held by Cycle A X but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F8]These shares are directly held by TCV X Cycle (B), L.P. ("Cycle B X"). Mr. Hoag is a Class A Member of Management X and a limited partner of TCM X. Management X is the sole general partner of TCM X, which in turn is the sole general partner of TCV X, which in turn is the sole member of TCV X Cycle GP, which in turn is the sole general partner of Cycle B X. Mr. Hoag, Management X, TCM X, TCV X and TCV X Cycle GP may be deemed to beneficially own the shares held by Cycle B X but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
[F9]These shares are directly held by TCV Cycle X (MF), L.P. ("Cycle MF X"). Mr. Hoag is a Class A Member of Management X and a limited partner of TCM X. Management X is the sole general partner of TCM X, which in turn is the sole general partner of TCV X, which in turn is the sole member of TCV X Cycle GP, which in turn is the sole general partner of Cycle MF X. Mr. Hoag is also a limited partner of TCV X MF, which is the sole limited partner of Cycle MF X. Mr. Hoag, Management X, TCM X, TCV X and TCV X Cycle GP may be deemed to beneficially own the shares held by Cycle MF X but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

Documents

1 file

4
tm2133308-2_4seq1.xmlPrimary
OWNERSHIP DOCUMENT

Issuer

PELOTON INTERACTIVE, INC.

CIK 0001639825

→

Entity typeother

IncorporatedCayman Islands

Related Parties

filerCIK 0001786893

Filing Metadata

Form type: 4
Filed: Nov 17, 7:00 PM ET
Accepted: Nov 18, 5:23 PM ET
Size: 47.8 KB

View on SEC.gov