# EDGAR Filing Document

**Accession Number:** 0001788276
**File Stem:** 0001639825-23-000022
**Filing Date:** 2023-2
**Character Count:** 8992
**Document Hash:** 9f1185f91def646d07e82ef7202db1c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001639825-23-000022.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001639825-23-000022

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230210

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Cortese Thomas
- **CENTRAL INDEX KEY:** 0001788276

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39058
- **FILM NUMBER:** 23631695

**MAIL ADDRESS:**
- **STREET 1:** C/O PELOTON INTERACTIVE, INC.
- **STREET 2:** 441 NINTH AVENUE, SIXTH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PELOTON INTERACTIVE, INC.
- **CENTRAL INDEX KEY:** 0001639825
- **STANDARD INDUSTRIAL CLASSIFICATION:** [3949]
- **IRS NUMBER:** 473533761
- **FISCAL YEAR END:** 0630

**BUSINESS ADDRESS:**
- **STREET 1:** C/O PELOTON INTERACTIVE, INC.
- **STREET 2:** 125 W. 25TH ST., 11TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 866-679-9129

**MAIL ADDRESS:**
- **STREET 1:** C/O PELOTON INTERACTIVE, INC.
- **STREET 2:** 125 W. 25TH ST., 11TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Peloton Interactive, Inc.
- **DATE OF NAME CHANGE:** 20150416

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Cortese Thomas<br><sub>(Last) (First) (Middle)</sub><br>C/O PELOTON INTERACTIVE, INC.<br>441 NINTH AVENUE, SIXTH FLOOR<br><sub>(Street)</sub><br>NEW YORK, NY 10001<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-10 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Product Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>PELOTON INTERACTIVE, INC. [ PTON ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2023-02-10 |  | C |  | 100000<sup>(1)</sup> | A | $0 | 118719 | D |  |
| Class A Common Stock | 2023-02-10 |  | S<sup>(2)</sup> |  | 117606 | D | 14.0953<sup>(3)</sup> | 1113 | D |  |
| Class A Common Stock | 2023-02-10 |  | S<sup>(2)</sup> |  | 700 | D | 14.83<sup>(4)</sup> | 413 | D |  |
| Class A Common Stock |  |  |  |  |  |  |  | 106000 | I | By LLC |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (right to buy Class B Common Stock) | $0.7525 | 2023-02-10 |  | M |  |  | 100000 | <sup>(5)</sup> | 2026-04-19 | Class B Common Stock<sup>(6)</sup> | 100000.0 | $0 | 0 | D |  |
| Class B Common Stock | <sup>(6)</sup> | 2023-02-10 |  | M |  | 100000 |  | <sup>(6)</sup> | <sup>(6)</sup> | Class A Common Stock | 100000.0 | $0 | 1537750 | D |  |
| Class B Common Stock | <sup>(6)</sup> | 2023-02-10 |  | C |  |  | 100000<sup>(7)</sup> | <sup>(6)</sup> | <sup>(6)</sup> | Class A Common Stock | 100000.0 | $0 | 1437750 | D |  |
| Class B Common Stock | <sup>(6)</sup> |  |  |  |  |  |  | <sup>(6)</sup> | <sup>(6)</sup> | Class A Common Stock | 100000.0 |  | 100000 | I | By GRAT 4<sup>(8)</sup> |
| Class B Common Stock | <sup>(6)</sup> |  |  |  |  |  |  | <sup>(6)</sup> | <sup>(6)</sup> | Class A Common Stock | 261052.0 |  | 261052 | I | By LLC |

---

### Footnotes:

(1) Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock.

(2) The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

(3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.82 to $14.81 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

(4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.82 to $14.84 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

(5) The option is fully vested and exercisable.

(6) 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.

(7) The holder elected to convert the Class B common stock to Class A common stock on a 1-for-1 basis.

(8) These securities are held of record by The TPC 2021 GRAT 4.

**Signature:** /s/ Bart Goldstein as attorney-in-fact for Thomas Cortese  
**Date:** 2023-02-14

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**