4//SEC Filing
Woodworth Jill 4
Accession 0001639825-21-000169
CIK 0001639825other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 4:38 PM ET
Size
26.2 KB
Accession
0001639825-21-000169
Insider Transaction Report
Form 4
Woodworth Jill
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2021-05-17$90.22/sh−8,454$762,701→ 41,546 total - Sale
Class A Common Stock
2021-05-17$93.09/sh−3,200$297,885→ 10,181 total - Sale
Class A Common Stock
2021-05-17$91.02/sh−8,847$805,274→ 32,699 total - Sale
Class A Common Stock
2021-05-17$94.00/sh−6,681$628,045→ 3,500 total - Sale
Class A Common Stock
2021-05-17$95.15/sh−2,300$218,840→ 1,200 total - Sale
Class A Common Stock
2021-05-17$96.05/sh−1,200$115,264→ 0 total - Exercise/Conversion
Stock Option (right to buy Class B Common Stock)
2021-05-17−50,000→ 1,450,000 totalExercise: $3.28Exp: 2028-04-01→ Class B Common Stock (50,000 underlying) - Exercise/Conversion
Class B Common Stock
2021-05-17+50,000→ 50,000 total→ Class A Common Stock (50,000 underlying) - Conversion
Class B Common Stock
2021-05-17−50,000→ 0 total→ Class A Common Stock (50,000 underlying) - Conversion
Class A Common Stock
2021-05-17+50,000→ 50,000 total - Sale
Class A Common Stock
2021-05-17$91.99/sh−19,318$1,777,036→ 13,381 total
Footnotes (12)
- [F1]Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
- [F10]The option vested as to 25% of the total shares on April 23, 2019, then 2.0833% of the total shares vest monthly, with 100% of the total shares vested and exercisable on April 23, 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.
- [F11]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.
- [F12]The holder elected to convert the Class B common stock to Class A common stock on a 1-for-1 basis.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.55 to $90.54 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.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.55 to $91.53 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.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.55 to $92.53 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.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.57 to $93.56 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.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.58 to $94.56 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.
- [F8]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.63 to $95.60 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.
- [F9]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.63 to $96.60 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.
Documents
Issuer
PELOTON INTERACTIVE, INC.
CIK 0001639825
Entity typeother
Related Parties
1- filerCIK 0001787749
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 4:38 PM ET
- Size
- 26.2 KB