Hemant Taneja - Mar 20, 2024 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 20, 2024
Transactions value $
$0
Form type
4
Date filed
3/22/2024, 05:24 PM
Previous filing
Mar 19, 2024
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Other $0 -3.94M -100% $0.00* 0 Mar 20, 2024 Directly held by GC Venture VIII, LLC F1, F2, F3, F4
transaction IOT Class A Common Stock Other $0 +600K $0.00 600K Mar 20, 2024 Directly held by GC Venture VIII Manager, LLC F2, F3, F4, F5
transaction IOT Class A Common Stock Other $0 -600K -100% $0.00* 0 Mar 22, 2024 Directly held by GC Venture VIII Manager, LLC F2, F3, F4, F6
transaction IOT Class A Common Stock Other $0 +68.9K $0.00 68.9K Mar 22, 2024 Directly held by GCGM Investment Holdings, LP F2, F3, F4, F7
holding IOT Class A Common Stock 671K Mar 20, 2024 Directly held by the Hemant Taneja and Jessica Schantz Taneja Revocable Trust, dated 4/19/12 F8
holding IOT Class A Common Stock 47.8K Mar 20, 2024 Directly held by the Taneja Heritage Trust
holding IOT Class A Common Stock 2M Mar 20, 2024 Directly held by General Catalyst Group XI - Endurance, L.P. F9

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
holding IOT Class B Common Stock 11.2M Mar 20, 2024 Class A Common Stock 11.2M $0.00 Directly held by General Catalyst Group VIII, L.P. F10
holding IOT Class B Common Stock 8.59M Mar 20, 2024 Class A Common Stock 8.59M $0.00 Directly held by GC Venture VIII-B, LLC F10
holding IOT Class B Common Stock 4.52M Mar 20, 2024 Class A Common Stock 4.52M $0.00 Directly held by General Catalyst Group X - Endurance, L.P. F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective March 20, 2024, GC Venture VIII, LLC ("GCVVIII"), a venture capital partnership, distributed 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.
F2 General Catalyst Group Management Holdings GP, LLC ("GCGMH LLC") is the general partner of GCGM Investment Holdings, LP ("GCGM IH") and 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 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"),
F3 (Continued from Footnote 2) 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").
F4 (Continued from Footnote 3) 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.
F5 Represents shares previously reported as held through GCVVIII.
F6 Effective March 22, 2024, GCVVIII Manager, a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 600,225 shares of Class A Common Stock of the Issuer to its general and limited partners.
F7 Represents shares previously reported as held through GCVVIII Manager.
F8 Includes 77,644 shares of Class A Common Stock of the Issuer received as an in-kind distribution and previously reported as held through GCVVIII Manager. In prior reports, the Reporting Person reported indirect beneficial ownership of 593,028 shares of Class A Common Stock of the Issuer.
F9 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.
F10 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.