Andy McCall - Dec 17, 2021 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Andy McCall
Stock symbol
IOT
Transactions as of
Dec 17, 2021
Transactions value $
$0
Form type
4
Date filed
12/21/2021, 08:51 PM
Previous filing
Dec 14, 2021
Next filing
Mar 17, 2022

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 Series B Preferred Stock Conversion of derivative security $0 -1.32M -100% $0.00* 0 Dec 17, 2021 Class B Common Stock 1.32M $0.00 Direct F1
transaction IOT Class B Common Stock Conversion of derivative security $0 +1.32M +4804.44% $0.00 1.35M Dec 17, 2021 Class A Common Stock 1.32M $0.00 Direct F1
holding IOT Class B Common Stock 5.02M Dec 17, 2021 Class A Common Stock 5.02M $0.00 See footnote F2, F6
holding IOT Class B Common Stock 1.67M Dec 17, 2021 Class A Common Stock 1.67M $0.00 See footnote F3, F6
holding IOT Class B Common Stock 837K Dec 17, 2021 Class A Common Stock 837K $0.00 See footnote F4, F6
holding IOT Class B Common Stock 837K Dec 17, 2021 Class A Common Stock 837K $0.00 See footnote F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series B Preferred Stock automatically converted into Class B Common Stock on a one-to-one basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock. 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.
F2 Consists of shares held by JAM and BAM, Co-Trustees of The JAM and BAM Joint Living Trust u/a/d 6/30/2009, over which Mr. McCall has voting or investment power.
F3 Consists of shares held by JAM and BAM, Co-Trustees of The McCall 2020 Irrevocable Children's Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.
F4 Consists of shares held by James Andrew McCall III, Trustee of The James Andrew McCall III 2020 Annuity Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.
F5 Consists of shares held by BAM, Trustee of The BAM 2020 Annuity Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.
F6 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 and has no expiration date.

Remarks:

Executive Vice President, Chief Revenue Officer