TCV Member Fund, L.P.'s Form 4 filing
Peloton Interactive, Inc. (PTON) · filed Nov 18, 2021
- Accession no.
- 0001104659-21-141279
- Filed
- Nov 18, 2021, 5:23 PM ET
- Trade date
- Nov 16-18, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 4 derivative transactions. Open-market purchases total $70.5M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| TCV Member Fund, L.P.CIK 0001361345 | Other: May be part of 13(d) group |
| TCV IX, L.P.CIK 0001666730 | 10% Owner, Other: May be part of 13(d) group |
| TCV IX (B), L.P.CIK 0001666760 | Other: May be part of 13(d) group |
| Technology Crossover Management IX, Ltd.CIK 0001698264 | 10% Owner, Other: May be part of 13(d) group |
| Technology Crossover Management IX, L.P.CIK 0001698927 | 10% Owner, Other: May be part of 13(d) group |
| TCV IX Cycle, L.P.CIK 0001788958 | 10% Owner, Other: May be part of 13(d) group |
| TCV IX Cycle (MF), L.P.CIK 0001788962 | Other: May be part of 13(d) group |
| TCV IX Cycle (B), L.P.CIK 0001788966 | Other: May be part of 13(d) group |
| TCV IX Cycle (A), L.P.CIK 0001788967 | Other: May be part of 13(d) group |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 18, 2021 | Class A Common Stock | PPurchaseAcquired | +1,084,678 | $46.00 | +$49,895,188 | 1,312,859 | Indirect | |
| Nov 18, 2021 | Class A Common Stock | PPurchaseAcquired | +306,056 | $46.00 | +$14,078,576 | 370,440 | Indirect | |
| Nov 18, 2021 | Class A Common Stock | PPurchaseAcquired | +57,930 | $46.00 | +$2,664,780 | 70,116 | Indirect | |
| Nov 18, 2021 | Class A Common Stock | PPurchaseAcquired | +83,629 | $46.00 | +$3,846,934 | 101,221 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +57,089 | $0.00 | $0 | 1,289,585 | Direct | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +16,109 | $0.00 | $0 | 363,879 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +3,050 | $0.00 | $0 | 68,880 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +4,403 | $0.00 | $0 | 99,433 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 16, 2021 | Class A Common Stock | CConversionDisposed | −57,089 | $0.00 | $0 | 9,091,405 | Direct | |
| Nov 16, 2021 | Class A Common Stock | CConversionDisposed | −16,109 | $0.00 | $0 | 2,565,254 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionDisposed | −3,050 | $0.00 | $0 | 485,543 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionDisposed | −4,403 | $0.00 | $0 | 704,842 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
This Form 4 is filed by more than one Reporting Person and is a joint filing with the Form 4 filed by TCV X Cycle, L.P., TCV X Cycle (A), L.P., TCV X Cycle (B), L.P., TCV X Cycle (MF), L.P., TCV X, L.P., TCV X (A), L.P., TCV X (B), L.P., TCV X Member Fund, L.P., Technology Crossover Management X, L.P., Technology Crossover Management X, Ltd., and Jay C. Hoag on November 18, 2021.