4//SEC Filing
Foley John Paul 4
Accession 0001639825-22-000044
CIK 0001639825other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:43 PM ET
Size
10.8 KB
Accession
0001639825-22-000044
Insider Transaction Report
Form 4
Foley John Paul
DirectorCOB and CEO
Transactions
- Sale
Class B Common Stock
2022-02-28$26.00/sh−1,923,077$50,000,002→ 4,663,155 total→ Class A Common Stock (1,923,077 underlying) - Exercise/Conversion
Class B Common Stock
2022-03-02$1.66/sh+1,923,077$3,201,154→ 6,586,232 total→ Class A Common Stock (1,923,077 underlying) - Exercise/Conversion
Stock Option (right to buy Class B Common Stock)
2022-03-02−1,923,077→ 2,676,923 totalExercise: $1.66Exp: 2026-04-19→ Class B Common Stock (1,923,077 underlying)
Footnotes (3)
- [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 ("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.
- [F2]Shares sold in a privately negotiated transaction to third parties unaffiliated with the reporting person, which includes funds affiliated with MSD Partners, L.P. Pursuant to the Issuer's Restated Certificate of Incorporation, the shares of Class B Common Stock automatically converted into an equal number of shares of Class A Common Stock upon the transfer and sale reported herein.
- [F3]The option is fully vested and exercisable.
Documents
Issuer
PELOTON INTERACTIVE, INC.
CIK 0001639825
Entity typeother
Related Parties
1- filerCIK 0001789085
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:43 PM ET
- Size
- 10.8 KB