Hemant Taneja - Mar 15, 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Director
Signature
/s/ Christopher McCain, attorney-in-fact on behalf of Hemant Taneja
Stock symbol
IOT
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/20/2023, 04:12 PM
Previous filing
Mar 15, 2023
Next filing
Sep 15, 2023

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 +11M $0.00 11M Mar 15, 2023 Directly held by General Catalyst Group Supplemental VIII, L.P. F1, F2, F3
transaction IOT Class A Common Stock Other $0 -11M -100% $0.00* 0 Mar 16, 2023 Directly held by General Catalyst Group Supplemental VIII, L.P. F1, F2, F3, F4
transaction IOT Class A Common Stock Other $0 +2.24M $0.00 2.24M Mar 16, 2023 Directly held by General Catalyst Partners VIII, L.P. F1, F2, F3, F5
transaction IOT Class A Common Stock Other $0 -2.24M -100% $0.00* 0 Mar 20, 2023 Directly held by General Catalyst Partners VIII, L.P. F1, F2, F3, F6
transaction IOT Class A Common Stock Other $0 +339K $0.00 339K Mar 20, 2023 Directly held by GCSE VIII, L.P. F1, F2, F3, F7
transaction IOT Class A Common Stock Other $0 -339K -100% $0.00* 0 Mar 20, 2023 Directly held by GCSE VIII, L.P. F1, F2, F3, F8
holding IOT Class A Common Stock 454K Mar 15, 2023 Directly held by the Hemant Taneja and Jessica Schantz Taneja Revocable Trust, dated 4/19/12 F9
holding IOT Class A Common Stock 512K Mar 15, 2023 Directly held by the Hemant Taneja and Jessica Schantz Taneja Revocable Trust, dated 4/19/12 F10
holding IOT Class A Common Stock 40.3K Mar 15, 2023 Directly held by the Taneja Heritage Trust F11
holding IOT Class A Common Stock 2M Mar 15, 2023 Directly held by General Catalyst Group XI - Endurance, L.P. F12

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 Conversion of derivative security $0 -11M -77.53% $0.00 3.19M Mar 15, 2023 Class A Common Stock 11M $0.00 Directly held by General Catalyst Group VIII Supplemental, L.P. F13
holding IOT Class B Common Stock 11.2M Mar 15, 2023 Class A Common Stock 11.2M $0.00 Directly held by General Catalyst Group VIII, L.P. F13
holding IOT Class B Common Stock 3.94M Mar 15, 2023 Class A Common Stock 3.94M $0.00 Directly held by GC Venture VIII, LLC F13
holding IOT Class B Common Stock 8.59M Mar 15, 2023 Class A Common Stock 8.59M $0.00 Directly held by GC Venture VIII-B, LLC F13
holding IOT Class B Common Stock 4.52M Mar 15, 2023 Class A Common Stock 4.52M $0.00 Directly held by General Catalyst Group X - Endurance, L.P. F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 General Catalyst Group Management Holdings GP, LLC ("GCGMH LLC") is the general partner of General Catalyst Group Management Holdings, L.P. ("GCGMH"), which is the manager of General Catalyst Group Management, LLC ("GCGM LLC"), which is (a) the manager of GC Venture VIII Manager, LLC ("GCVVIII Manager"), which is the manager of GC Venture VIII, LLC ("GCVVIII"), (b) the manager of GC Venture VIII-B Manager, LLC, which is the manager of GC Venture VIII-B, LLC ("GCVVIIIB"), (c) the manager of General Catalyst GP VIII, LLC ("GCGPVIII"), which is the general partner of General Catalyst Partners VIII, L.P. ("GCPVIII"), which is the general partner of General Catalyst Group VIII, L.P. ("GCGVIII"),
F2 (Continued from Footnote 1) GCSE VIII, L.P. ("GCSE") and General Catalyst Group VIII Supplemental, L.P. ("GCGVIIIS") and (d) the manager of General Catalyst GP X - Growth Venture, LLC, which is the general partner of General Catalyst Partners X - Growth Venture, L.P., which is the general partner of General Catalyst Group X - Endurance, L.P. ("GCGXE").
F3 (Continued from Footnote 2) The Reporting Person is a managing member of GCGMH LLC and a director of the Issuer. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 Effective March 16, 2023, General Catalyst Group VIII Supplemental, L.P., a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 11,000,000 shares of Class A Common Stock of the Issuer to its general and limited partners.
F5 Represents shares previously reported as held through GCGVIIIS.
F6 Effective March 20, 2023, GCPVIII, a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 2,242,473 shares of Class A Common Stock of the Issuer to its general and limited partners.
F7 Represents shares previously reported as held through GCPVIII.
F8 Effective March 20, 2023, GCSE, a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 339,435 shares of Class A Common Stock of the Issuer to its general and limited partners.
F9 Represents shares previously reported as held through GCPVIII.
F10 Represents shares previously reported as held through GCSE.
F11 Represents shares previously reported as held through GCSE.
F12 GCGMH LLC is the general partner of GCGMH, which is the manager of GCGM LLC, which is the manager of General Catalyst Endurance GP XI, LLC, which is the general partner of General Catalyst Partners XI - Endurance, L.P., which is the general partner of General Catalyst Group XI - Endurance, L.P. ("GCGXIE"). The Reporting Person is a managing member of GCGMH LLC. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F13 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.