Key facts
- This page summarizes Howard C. Draft's Form 4 filing for PELOTON INTERACTIVE, INC. (PTON).
- 10 reported transactions and 6 derivative rows are listed below.
- Accepted by SEC: 21 Sep 2021, 16:32.
Howard C. Draft - 17 Sep 2021 Form 4 Insider Report for PELOTON INTERACTIVE, INC. (PTON)
- Reporting relationship
- Director
- Issuer ticker
- PTON
- Reported as of
- 17 Sep 2021
- Net transaction value
- -$1,199,795
- SEC form
- 4
- Accepted by SEC
- 21 Sep 2021, 16:32:01 UTC
- Prior SEC filing
- 19 Aug 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bart Goldstein as attorney-in-fact for Howard Draft
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Howard C. Draft filed Form 4 for PELOTON INTERACTIVE, INC. (PTON) on 21 Sep 2021.
Change
- Previous filing in this sequence was filed on 19 Aug 2021.
- Current net transaction value: -$1,199,795.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PTON
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +3,334
- Change %
- +1.3%
- Price
- $0.000000
- Shares after
- 267,501
- Date
- 17 Sep 2021
- Ownership
- Direct
- Footnotes
- F1
PTON
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +6,666
- Change %
- +2.5%
- Price
- $0.000000
- Shares after
- 274,167
- Date
- 17 Sep 2021
- Ownership
- Direct
- Footnotes
- F1
PTON
transaction
Class A Common Stock
Sale
- Transaction value
- $1,043,300
- Shares
- -10,000
- Change %
- -3.6%
- Price
- $104.33*
- Shares after
- 264,167
- Date
- 17 Sep 2021
- Ownership
- Direct
- Footnotes
- F2
PTON
transaction
Class A Common Stock
Sale
- Transaction value
- $156,495
- Shares
- -1,500
- Change %
- -1.3%
- Price
- $104.33*
- Shares after
- 112,195
- Date
- 17 Sep 2021
- Ownership
- By Spouse
- Footnotes
- F2
PTON
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 34,483
- Date
- 17 Sep 2021
- Ownership
- By Howard Craig Draft Living Trust
- Footnotes
- F3
PTON
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 17,241
- Date
- 17 Sep 2021
- Ownership
- By IRA
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PTON
transaction
Derivative
Stock Option (right to buy Class B Common Stock)
Options Exercise
- Transaction value
- $0
- Shares
- -3,334
- Change %
- -14%
- Price
- $0.000000
- Shares after
- 20,000
- Date
- 17 Sep 2021
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 3,334
- Exercise price
- $3.28
- Footnotes
- F5, F6
PTON
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +3,334
- Change %
- +1.1%
- Price
- $0.000000
- Shares after
- 306,266
- Date
- 17 Sep 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,334
- Exercise price
- Footnotes
- F6
PTON
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -3,334
- Change %
- -1.1%
- Price
- $0.000000
- Shares after
- 302,932
- Date
- 17 Sep 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,334
- Exercise price
- Footnotes
- F6, F7
PTON
transaction
Derivative
Stock Option (right to buy Class B Common Stock)
Options Exercise
- Transaction value
- $0
- Shares
- -6,666
- Change %
- -3.2%
- Price
- $0.000000
- Shares after
- 202,501
- Date
- 17 Sep 2021
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 6,666
- Exercise price
- $8.82
- Footnotes
- F6, F8
PTON
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +6,666
- Change %
- +2.2%
- Price
- $0.000000
- Shares after
- 309,598
- Date
- 17 Sep 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,666
- Exercise price
- Footnotes
- F6
PTON
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -6,666
- Change %
- -2.2%
- Price
- $0.000000
- Shares after
- 302,932
- Date
- 17 Sep 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,666
- Exercise price
- Footnotes
- F6, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.
Footnote F2
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Footnote F3
These shares are held of record by Howard Draft and Louis R Malikow, Trustees of the Howard Craig Draft Living Trust u/a/d 2/22/1991.
Footnote F4
These shares are held of record by Goldman Sachs, Custodian of the reporting person's IRA.
Footnote F5
The option vests as to 2.0833% of the total shares monthly, commencing April 15, 2018, with 100% of the total shares vested on March 15, 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.
Footnote F6
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.
Footnote F7
The holder elected to convert the Class B Common Stock to Class A Common Stock on a 1-for-1 basis.
Footnote F8
The option vests as to 2.0833% of the total shares monthly, commencing February 17, 2019, with 100% of the total shares vested on January 17, 2023, 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.