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

Role
VP, General Counsel & Secretary
Signature
/s/ Adam Eltoukhy
Stock symbol
IOT
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 07:50 PM
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Conversion of derivative security $0 +518K $0.00 518K Dec 14, 2021 Direct F1

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 +518K $0.00 518K Dec 14, 2021 Class B Common Stock 518K $0.00 Direct F1, F2
transaction IOT Class B Common Stock Conversion of derivative security $0 -518K -100% $0.00* 0 Dec 14, 2021 Class A Common Stock 518K $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 223,392 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 as follows: (i) 41,909 vest in quarterly installments beginning on March 15, 2022 through December 15, 2022, (ii) 14,823 vest in quarterly installments beginning on March 15, 2022 through September 15, 2023, (iii) 7,913 vest in quarterly installments beginning on March 15, 2022 through December 15, 2024 and (iv) 229,637 vest in quarterly installments beginning on March 15, 2022 through March 15, 2025.
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.

Remarks:

VP, General Counsel & Secretary