Sanjit Biswas - Dec 14, 2021 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas
Stock symbol
IOT
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 07:37 PM
Next filing
Dec 21, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IOT Class B Common Stock Award $0 +2.03M $0.00 2.03M Dec 14, 2021 Class B Common Stock 2.03M $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares are represented by restricted stock units, or RSUs, of which 590,930 vested upon the effectiveness of the Issuer's registration statement in connection with its initial public offering of Class A Common Stock and the remaining shares vest in quarterly installments beginning on March 15, 2022 through December 15, 2024.
F2 The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis.