Hemant Taneja - 19 Mar 2024 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Director
Signature
/s/ Christopher McCain, attorney-in-fact on behalf of Hemant Taneja
Issuer symbol
IOT
Transactions as of
19 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 21:19:41 UTC
Previous filing
15 Sep 2023
Next filing
22 Mar 2024

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 +3,943,716 $0.000000 3,943,716 19 Mar 2024 Directly held by GC Venture VIII, LLC F1, F2, F3, F4
holding IOT Class A Common Stock 593,028 19 Mar 2024 Directly held by the Hemant Taneja and Jessica Schantz Taneja Revocable Trust, dated 4/19/12
holding IOT Class A Common Stock 47,826 19 Mar 2024 Directly held by the Taneja Heritage Trust
holding IOT Class A Common Stock 2,000,000 19 Mar 2024 Directly held by General Catalyst Group XI - Endurance, L.P. F5

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 -3,943,716 -100% $0.000000* 0 19 Mar 2024 Class A Common Stock 3,943,716 $0.000000 Directly held by GC Venture VIII, LLC F6
holding IOT Class B Common Stock 11,187,815 19 Mar 2024 Class A Common Stock 11,187,815 $0.000000 Directly held by General Catalyst Group VIII, L.P. F6
holding IOT Class B Common Stock 8,588,813 19 Mar 2024 Class A Common Stock 8,588,813 $0.000000 Directly held by GC Venture VIII-B, LLC F6
holding IOT Class B Common Stock 4,520,428 19 Mar 2024 Class A Common Stock 4,520,428 $0.000000 Directly held by General Catalyst Group X - Endurance, L.P. F6
* 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 (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 Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, GCVVIII, a venture capital partnership, plans to distribute in-kind on a pro-rata basis, without consideration, a total of 3,943,716 shares of Class A Common Stock of the Issuer to its general and limited partners.
F5 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.
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.