Sec Form 13G Filing - Stone Ridge Ventures LLC filing for PELOTON INTERACTIVE INC. (PTON) - 2021-01-27

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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CUSIP No. 70614W100

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. 1)1

 

Peloton Interactive, Inc.

 

 

(Name of Issuer)

Class A Common Stock, $0.000025 par value

 

 

(Title of Class of Securities)

70614W100

 

 

(CUSIP Number)

December 31, 2020

 

 

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[  ] Rule 13d-1(b)

[  ] Rule 13d-1(c)

[X] Rule 13d-1(d)

 

1 The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

1


CUSIP No. 70614W100

 

     
1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Stone Ridge Ventures LLC

 

   
     
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                               (a)        [   ]

 

                                                                                                                                                 (b)         [  ]

 

   
     
3.  

SEC USE ONLY

 

    

   
     
4.      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

   

 

NUMBER OF

SHARES

    BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

  

 

5. 

 

  

 

SOLE VOTING POWER

 

 

 

0    

 

  

 

6.

  

 

SHARED VOTING POWER

 

 

0    

  

 

7.  

  

 

SOLE DISPOSITIVE POWER

 

 

0    

  

8.

 

  

SHARED DISPOSITIVE POWER

 

 

0    

 

     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
  0    
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES
  [  ]    
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   0%    
     
12.     TYPE OF REPORTING PERSON   OO    

 

2


CUSIP No. 70614W100

 

     
1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Stone Ridge Holdings Group LP

 

   
     
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                               (a)        [   ]

 

                                                                                                                                                 (b)         [  ]

 

   
     
3.  

SEC USE ONLY

 

    

   
     
4.      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

   

 

NUMBER OF

SHARES

    BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

  

 

5. 

 

  

 

SOLE VOTING POWER

 

 

 

0    

 

  

 

6.

  

 

SHARED VOTING POWER

 

 

0    

  

 

7.  

  

 

SOLE DISPOSITIVE POWER

 

 

0    

  

8.

 

  

SHARED DISPOSITIVE POWER

 

 

0    

 

     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
  0    
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES
  [  ]    
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   0%    
     
12.     TYPE OF REPORTING PERSON   PN    

 

3


CUSIP No. 70614W100

 

     
1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Stone Ridge Holdings Group (GP) LLC

 

   
     
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                               (a)        [   ]

 

                                                                                                                                                 (b)         [  ]

 

   
     
3.  

SEC USE ONLY

 

    

   
     
4.      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

   

 

NUMBER OF

SHARES

    BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

  

 

5. 

 

  

 

SOLE VOTING POWER

 

 

 

0    

 

  

 

6.

  

 

SHARED VOTING POWER

 

 

0    

  

 

7.  

  

 

SOLE DISPOSITIVE POWER

 

 

0    

  

8.

 

  

SHARED DISPOSITIVE POWER

 

 

0    

 

     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
  0    
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES
  [  ]    
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   0%    
     
12.     TYPE OF REPORTING PERSON   OO    

 

4


CUSIP No. 70614W100

 

     
1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)

 

Ross Stevens

 

   
     
2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                               (a)        [   ]

 

                                                                                                                                                 (b)         [  ]

 

   
     
3.  

SEC USE ONLY

 

    

   
     
4.      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

   

 

NUMBER OF

SHARES

    BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

  

 

5. 

 

  

 

SOLE VOTING POWER

 

 

 

934,846*    

 

  

 

6.

  

 

SHARED VOTING POWER

 

 

304,424**    

  

 

7.  

  

 

SOLE DISPOSITIVE POWER

 

 

934,846*    

  

8.

 

  

SHARED DISPOSITIVE POWER

 

 

304,424**    

 

     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
  1,239,270    
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES
  [  ]    
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   0.5%***    
     
12.     TYPE OF REPORTING PERSON   IN, HC    

* As of December 31, 2020. Represents 934,846 shares of Class B Common Stock, which are convertible into an equal number of shares of Class A Common Stock.

**As of December 31, 2020. Represents 217,503 shares of Class B Common Stock, which are convertible into an equal number of shares of Class A Common Stock, held by the Ross Stevens Legacy Trust and 86,921 shares of Class B Common stock held by the Ross Stevens 2018 Irrevocable Trust.

*** Based on 255,512,826 shares of Class A Common Stock outstanding as of October 30, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ended September 30, 2020 filed with the Securities and Exchange Commission on November 6, 2020.

 

5


CUSIP No. 70614W100

 

AMENDMENT NO. 1 TO SCHEDULE 13G (FINAL AMENDMENT)

Reference is hereby made to the statement on Schedule 13G filed with the Securities and Exchange Commission by the Reporting Persons with respect to the Class A Common Stock, $0.000025 par value, of the Issuer on February 7, 2020 (the “Schedule 13G”). Terms used in the Schedule 13G are used herein as so defined.

The following items of the Schedule 13G are hereby amended and restated as follows:

 

ITEM 4

   OWNERSHIP:
   The information requested in this item is incorporated herein by reference to the cover pages to this Amendment No. 1 to Schedule 13G.

ITEM 5

   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
   If this statement is being filed to report the fact that the Reporting Persons have ceased to be the beneficial owners of more than five percent of the Common Stock, check the following: [X]

 

6


CUSIP No. 70614W100

 

SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: January 27, 2021

 

STONE RIDGE VENTURES LLC

By: Stone Ridge Holdings Group LP, its Managing Member

By:  

/s/ Ross Stevens

Name:  

Ross Stevens

Title:  

Manager of Stone Ridge Holdings Group (GP) LLC, its General Partner

STONE RIDGE HOLDINGS GROUP LP
By:  

  /s/ Ross Stevens

Name:     Ross Stevens
Title:  

  Manager of Stone Ridge Holdings Group

  (GP) LLC, its General Partner

STONE RIDGE HOLDINGS GROUP (GP) LLC        
By:  

  /s/ Ross Stevens

Name:     Ross Stevens
Title:     Manager
ROSS STEVENS

  /s/ Ross Stevens

  Ross Stevens, individually

 

7