4//SEC Filing
Cortese Thomas 4
Accession 0001639825-23-000069
CIK 0001639825other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 4:33 PM ET
Size
11.1 KB
Accession
0001639825-23-000069
Insider Transaction Report
Form 4
Cortese Thomas
COO and Head of Prod. Dev.
Transactions
- Exercise/Conversion
Stock Option (right to buy Class B Common Stock)
2023-05-11−175,000→ 128,536 totalExercise: $0.19Exp: 2025-07-12→ Class B Common Stock (175,000 underlying) - Exercise/Conversion
Class B Common Stock
2023-05-11+175,000→ 1,612,750 total→ Class A Common Stock (175,000 underlying)
Holdings
- 100,000(indirect: By GRAT 4)
Class B Common Stock
→ Class A Common Stock (100,000 underlying) - 261,052(indirect: By LLC)
Class B Common Stock
→ Class A Common Stock (261,052 underlying)
Footnotes (3)
- [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, (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.
- [F3]These securities are held of record by The TPC 2021 GRAT 4.
Documents
Issuer
PELOTON INTERACTIVE, INC.
CIK 0001639825
Entity typeother
Related Parties
1- filerCIK 0001788276
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 4:33 PM ET
- Size
- 11.1 KB