Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* True Venture Partners IV, L.L.C.	2. Issuer Name and Ticker or Trading Symbol PELOTON INTERACTIVE, INC. [ PTON ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 575 HIGH STREET, SUITE 400	3. Date of Earliest Transaction (MM/DD/YYYY) 5/7/2020
(Street) PALO ALTO, CA 94301 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	5/7/2020		C		7296699	A	$0.00 ⁽¹⁾	7296699	I	By True Ventures IV, L.P. ⁽²⁾⁽³⁾
Class A Common Stock	5/7/2020		J⁽⁴⁾		7296699	D	$0.00	0	I	By True Ventures IV, L.P. ⁽²⁾⁽³⁾
Class A Common Stock	5/7/2020		J⁽⁴⁾		832985	A	$0.00	832985	I	By True Venture Partners IV, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁵⁾		832985	D	$0.00	0	I	By True Venture Partners IV, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		C		1570821	A	$0.00 ⁽¹⁾	1570821	I	By True Ventures Select I, L.P. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁶⁾		1570821	D	$0.00	0	I	By True Ventures Select I, L.P. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁶⁾		252285	A	$0.00	252285	I	By True Venture Partners Select I, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁷⁾		252285	D	$0.00	0	I	By True Venture Partners Select I, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		C		1107941	A	$0.00 ⁽¹⁾	1107941	I	By True Ventures Select II, L.P. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁸⁾		1107941	D	$0.00	0	I	By True Ventures Select II, L.P. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁸⁾		22158	A	$0.00	22158	I	By True Venture Partners Select II, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁹⁾		22158	D	$0.00	0	I	By True Venture Partners Select II, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		C		1372249	A	$0.00 ⁽¹⁾	1372249	I	By True Ventures Select III, L.P. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽¹⁰⁾		1372249	D	$0.00	0	I	By True Ventures Select III, L.P. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽¹⁰⁾		27439	A	$0.00	27439	I	By True Venture Partners Select III, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽¹¹⁾		27439	D	$0.00	0	I	By True Venture Partners Select III, L.L.C. ⁽²⁾
Class A Common Stock	5/7/2020		J⁽⁵⁾⁽⁷⁾⁽⁹⁾⁽¹¹⁾		22670	A	$0.00	22670	I	By True Venture Management, L.L.C. ⁽¹²⁾
Class A Common Stock	5/7/2020		J⁽⁵⁾⁽⁷⁾⁽⁹⁾⁽¹¹⁾		238542	A	$0.00	238542	I	See footnote ⁽¹³⁾
Class A Common Stock	5/7/2020		J⁽⁴⁾⁽⁶⁾⁽⁸⁾⁽¹⁰⁾		33286	A	$0.00	33286	I	See footnote ⁽¹⁴⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹⁾	5/7/2020		C			7296699	⁽¹⁾	⁽¹⁾	Class A Common Stock	7296699	$0.00 ⁽¹⁾	10945049	I	By True Ventures IV, L.P. ⁽²⁾⁽³⁾
Class B Common Stock	⁽¹⁾	5/7/2020		C			1570821	⁽¹⁾	⁽¹⁾	Class A Common Stock	1570821	$0.00 ⁽¹⁾	2356231	I	By True Ventures Select I, L.P. ⁽²⁾
Class B Common Stock	⁽¹⁾	5/7/2020		C			1107941	⁽¹⁾	⁽¹⁾	Class A Common Stock	1107941	$0.00 ⁽¹⁾	1661911	I	By True Ventures Select II, L.P. ⁽²⁾
Class B Common Stock	⁽¹⁾	5/7/2020		C			1372249	⁽¹⁾	⁽¹⁾	Class A Common Stock	1372249	$0.00 ⁽¹⁾	2058373	I	By True Ventures Select III, L.P. ⁽²⁾

Explanation of Responses:
(1)	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.
(2)	These securities are held of record by True Ventures IV, L.P., True Ventures Select I, L.P., True Ventures Select II, L.P., True Ventures Select III, L.P., True Venture Partners IV, L.L.C., True Venture Partners Select I, L.L.C., True Venture Partners Select II, L.L.C. and True Venture Partners Select III, L.L.C., as applicable. True Venture Partners IV, L.L.C. is the general partner of True Ventures IV, L.P., True Venture Partners Select I, L.L.C. is the general partner of True Ventures Select I, L.P., True Venture Partners Select II, L.L.C. is the general partner of True Ventures Select II, L.P., and True Venture Partners Select III, L.L.C. is the general partner of True Ventures Select III, L.P. Jon Callaghan and Philip Black are the managing members of each of True Ventures IV, L.L.C., True Venture Partners Select I, L.L.C., True Venture Partners Select II, L.L.C, and True Venture Partners Select III, L.L.C..
(3)	The reported securities are held of record by True Ventures IV, L.P. for itself and as nominee for True Ventures IV-A, L.P.
(4)	Represents a pro-rata, in-kind distribution by True Ventures IV, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
(5)	Represents a pro-rata, in-kind distribution by True Venture Partners IV, L.L.C., without additional consideration, to its members and assigns.
(6)	Represents a pro-rata, in-kind distribution by True Ventures Select I, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
(7)	Represents a pro-rata, in-kind distribution by True Venture Partners Select I, L.L.C., without additional consideration, to its members and assigns.
(8)	Represents a pro-rata, in-kind distribution by True Ventures Select II, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
(9)	Represents a pro-rata, in-kind distribution by True Venture Partners Select II, L.L.C., without additional consideration, to its members and assigns.
(10)	Represents a pro-rata, in-kind distribution by True Ventures Select III, L.P. and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
(11)	Represents a pro-rata, in-kind distribution by True Venture Partners Select III, L.L.C., without additional consideration, to its members and assigns.
(12)	These securities are held of record by True Venture Management, L.L.C., which is controlled by Jon Callaghan and Philip D. Black.
(13)	These securities are held of record by a family trust controlled by Philip D. Black.
(14)	These securities are held of record by a limited liability company controlled by Philip D. Black.

Remarks:
Each of the Reporting Persons disclaims existence of a "group" and disclaims beneficial ownership over such securities except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. This report is one of three reports, each on a separate Form 4, but relating to the same transaction being filed by entities affiliated with True Ventures and their associated managing members. Exhibit List: Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
True Venture Partners IV, L.L.C. 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X
Black Philip Douglas 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X
True Ventures IV, L.P. 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X
True Ventures IV-A, L.P. 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X
True Venture Partners Select I, L.L.C. 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X
True Venture Partners Select II, L.L.C. 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X
True Venture Partners Select III, L.L.C. 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X
True Ventures Select I, L.P. 575 HIGH STREET, SUITE 400 PALO ALTO, CA 94301		X

Signatures
/s James G. Stewart, attorney-in-fact for True Ventures IV, L.L.C.		5/8/2020
^**Signature of Reporting Person		Date
/s/ James G. Stewart, attorney-in-fact for Philip D. Black		5/8/2020
^**Signature of Reporting Person		Date
/s/ James G. Stewart, attorney-in-fact for True Venture Partners IV, L.L.C., the general partner of True Ventures IV, L.P.		5/8/2020
^**Signature of Reporting Person		Date
/s James G. Stewart, attorney-in-fact for True Venture Partners IV, L.L.C., the general partner of True Ventures IV-A, L.P.		5/8/2020
^**Signature of Reporting Person		Date
/s/ James G. Stewart, attorney-in-fact for True Venture Partners Select I, L.L.C.		5/8/2020
^**Signature of Reporting Person		Date
/s/ James G. Stewart, attorney-in-fact for True Venture Partners Select II, L.L.C.		5/8/2020
^**Signature of Reporting Person		Date
/s James G. Stewart, attorney-in-fact for True Venture Partners Select III, L.L.C.		5/8/2020
^**Signature of Reporting Person		Date
/s/ James G. Stewart, attorney-in-fact for True Venture Partners Select I, L.L.C., the general partner of True Ventures Select I, L.P.		5/8/2020
^**Signature of Reporting Person		Date