Form 4 for PTON PELOTON INTERACTIVE, INC.
Accepted 2021-11-18 00:00:00 ET · period of report 2021-11-16 · accession 0001104659-21-141281 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-11-18 | 2021-11-16 | PTON | TCV X, L.P. | May be part of 13(d) group | C - Cnv Deriv | $0.00 | +8,802 | 73.2K | +14% | $0 |
| DMI | 2021-11-18 | 2021-11-18 | PTON | TCV X, L.P. | May be part of 13(d) group | P - Purchase | $46.00 | +641.6K | 28.0K | New | +$29.51M |
| D | 2021-11-18 | 2021-11-16 | PTON | TCV X, L.P. | May be part of 13(d) group | C - Cnv Deriv | $0.00 | +25.0K | 1.30M | +2% | $0 |
| DMI | 2021-11-18 | 2021-11-16 | PTON | TCV X, L.P. | May be part of 13(d) group | C - Cnv Deriv | $0.00 | -8,802 | 505.2K | -2% | $0 |
| D | 2021-11-18 | 2021-11-16 | PTON | TCV X, L.P. | May be part of 13(d) group | C - Cnv Deriv | $0.00 | -25.0K | 2.04M | -1% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-16 | C | A | 6,193 | $0.00 | 323,546 | I TCV X Cycle (B), L.P. | — | — | (F5) Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock. (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. |
| 2 | Common | Class A Common Stock | 2021-11-16 | C | A | 1,218 | $0.00 | 63,613 | I TCV X Cycle (MF), L.P. | — | — | (F5) Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock. (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. |
| 3 | Common | Class A Common Stock | 2021-11-18 | P | A | 474,426 | $46.00 | 574,229 | I TCV X, L.P. | — | — | (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. |
| 4 | Common | Class A Common Stock | 2021-11-18 | P | A | 117,650 | $46.00 | 142,399 | I TCV X (A) Blocker, L.P. | — | — | (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. |
| 5 | Common | Class A Common Stock | 2021-11-16 | C | A | 24,971 | $0.00 | 1,304,697 | D TCV X Cycle (A), L.P. | — | — | (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. |
| 6 | Common | Class A Common Stock | 2021-11-18 | P | A | 26,414 | $46.00 | 31,971 | I TCV X Member Fund, L.P. | — | — | (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. |
| 7 | Common | Class A Common Stock | 2021-11-18 | P | A | 23,130 | $46.00 | 27,995 | I TCV X (B), L.P. | — | — | (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. |
| 8 | Common | Class A Common Stock | 2021-11-16 | C | A | 1,391 | $0.00 | 73,176 | I | — | — | (F5) Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock. |
| 9 | Derivative | Class B Common Stock | 2021-11-16 | C | D | 1,218 | $0.00 | 99,314 | I TCV X Cycle (MF), L.P. | — · — to — | 1,218 Class A Common Stock | (F11) The holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis. (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. (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. |
| 10 | Derivative | Class B Common Stock | 2021-11-16 | C | D | 1,391 | $0.00 | 113,982 | I | — · — to — | 1,391 Class A Common Stock | (F11) The holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis. (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. |
| 11 | Derivative | Class B Common Stock | 2021-11-16 | C | D | 24,971 | $0.00 | 2,037,126 | D TCV X Cycle (A), L.P. | — · — to — | 24,971 Class A Common Stock | (F11) The holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis. (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. (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. |
| 12 | Derivative | Class B Common Stock | 2021-11-16 | C | D | 6,193 | $0.00 | 505,169 | I TCV X Cycle (B), L.P. | — · — to — | 6,193 Class A Common Stock | (F11) The holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis. (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. (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. |