TCV X, L.P.'s Form 4 filing
Peloton Interactive, Inc. (PTON) · filed Nov 18, 2021
- Accession no.
- 0001104659-21-141281
- 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 $29.5M. 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 X, L.P.CIK 0001749358 | Other: May be part of 13(d) group |
| TCV X (A), L.P.CIK 0001749362 | Other: May be part of 13(d) group |
| TCV X (B), L.P.CIK 0001749363 | Other: May be part of 13(d) group |
| TCV X Member Fund, L.P.CIK 0001786709 | Other: May be part of 13(d) group |
| Technology Crossover Management X, L.P.CIK 0001786893 | Other: May be part of 13(d) group |
| Technology Crossover Management X, Ltd.CIK 0001787727 | Other: May be part of 13(d) group |
| TCV X Cycle (MF), L.P.CIK 0001788961 | Other: May be part of 13(d) group |
| TCV X Cycle (B), L.P.CIK 0001788963 | Other: May be part of 13(d) group |
| TCV X Cycle (A), L.P.CIK 0001788964 | Other: May be part of 13(d) group |
| TCV X Cycle, L.P.CIK 0001788965 | 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 | +474,426 | $46.00 | +$21,823,596 | 574,229 | Indirect | |
| Nov 18, 2021 | Class A Common Stock | PPurchaseAcquired | +117,650 | $46.00 | +$5,411,900 | 142,399 | Indirect | |
| Nov 18, 2021 | Class A Common Stock | PPurchaseAcquired | +23,130 | $46.00 | +$1,063,980 | 27,995 | Indirect | |
| Nov 18, 2021 | Class A Common Stock | PPurchaseAcquired | +26,414 | $46.00 | +$1,215,044 | 31,971 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +24,971 | $0.00 | $0 | 1,304,697 | Direct | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +6,193 | $0.00 | $0 | 323,546 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +1,218 | $0.00 | $0 | 63,613 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionAcquired | +1,391 | $0.00 | $0 | 73,176 | 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 | −24,971 | $0.00 | $0 | 2,037,126 | Direct | |
| Nov 16, 2021 | Class A Common Stock | CConversionDisposed | −6,193 | $0.00 | $0 | 505,169 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionDisposed | −1,218 | $0.00 | $0 | 99,314 | Indirect | |
| Nov 16, 2021 | Class A Common Stock | CConversionDisposed | −1,391 | $0.00 | $0 | 113,982 | 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 IX Cycle, L.P., TCV IX Cycle (A), L.P., TCV IX Cycle (B), L.P., TCV IX Cycle (MF), L.P., TCV IX, L.P., TCV IX (A) Opportunities, L.P., TCV IX (B), L.P., TCV Member Fund, L.P., Technology Crossover Management IX, L.P., Technology Crossover Management IX, Ltd. and Jay C. Hoag on November 18, 2021.