Foley John Paul 4
4 · PELOTON INTERACTIVE, INC. · Filed Feb 14, 2022
Insider Transaction Report
Form 4
Foley John Paul
DirectorCOB and CEO
Transactions
- Exercise/Conversion
Class B Common Stock
2022-02-11+1,420,000→ 6,586,232 total→ Class A Common Stock (1,420,000 underlying) - Exercise/Conversion
Stock Option (right to buy Class B Common Stock)
2022-02-11−1,420,000→ 0 totalExercise: $0.19Exp: 2025-07-12→ Class B Common Stock (1,420,000 underlying) - Gift
Class A Common Stock
2021-09-07−642→ 0 total(indirect: By Spouse)
Holdings
- 200,000
Class A Common Stock
Footnotes (2)
- [F1]The option is fully vested and exercisable.
- [F2]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 ("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.