Marc L. Andreessen - Sep 8, 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Role: Director, 10%+ Owner
Signature: /s/ Phil Hathaway, Attorney-in-Fact for Marc L. Andreessen
Stock symbol: IOT
Transactions as of: Sep 8, 2023
Transactions value $: -$12,119,707
Form type: 4
Date filed: 9/12/2023, 09:50 PM
Previous filing: Jun 16, 2023
Next filing: Dec 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	+81K		$0.00	81K	Sep 8, 2023	By AH Parallel Fund V, L.P.	F1
transaction	IOT	Class A Common Stock	Sale	-$1.98M	-64.5K	-79.61%	$30.78	16.5K	Sep 8, 2023	By AH Parallel Fund V, L.P.	F1, F2
transaction	IOT	Class A Common Stock	Sale	-$520K	-16.5K	-100%	$31.48	0	Sep 8, 2023	By AH Parallel Fund V, L.P.	F1, F3
transaction	IOT	Class A Common Stock	Conversion of derivative security	$0	+311K		$0.00	311K	Sep 8, 2023	By Andreessen Horowitz LSV Fund I, L.P.	F4
transaction	IOT	Class A Common Stock	Sale	-$7.62M	-248K	-79.61%	$30.78	63.4K	Sep 8, 2023	By Andreessen Horowitz LSV Fund I, L.P.	F2, F4
transaction	IOT	Class A Common Stock	Sale	-$2M	-63.4K	-100%	$31.48	0	Sep 8, 2023	By Andreessen Horowitz LSV Fund I, L.P.	F3, F4
holding	IOT	Class A Common Stock						48K	Sep 8, 2023	By LAMA Community Trust	F5
holding	IOT	Class A Common Stock						4M	Sep 8, 2023	By Andreessen Horowitz LSV Fund III, L.P.	F6, F7

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	-81K	-1.45%	$0.00	5.52M	Sep 8, 2023	Class A Common Stock	81K		By AH Parallel Fund V, L.P.	F1, F8
transaction	IOT	Class B Common Stock	Conversion of derivative security	$0	-311K	-2.42%	$0.00	12.6M	Sep 8, 2023	Class A Common Stock	311K		By Andreessen Horowitz LSV Fund I, L.P.	F4, F8
holding	IOT	Class B Common Stock						54.7M	Sep 8, 2023	Class A Common Stock	54.7M		By Andreessen Horowitz Fund IV, L.P.	F8, F9
holding	IOT	Class B Common Stock						4.97M	Sep 8, 2023	Class A Common Stock	4.97M		By AH Parallel Fund IV, L.P.	F8, F10, F11

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are held of record by AH Parallel Fund V, L.P., for itself and as nominee for AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P., and AH Parallel Fund V-Q, L.P. (collectively, the "AH Parallel Fund V Entities"). AH Equity Partners V (Parallel), L.L.C. ("AH EP V Parallel"), the general partner of the AH Parallel Fund V Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund V Entities. The Reporting Person and Benjamin Horowitz are managing members of AH EP V Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund V Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund V Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
F2	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 8, 2023. The actual sale prices ranged from a low of $30.24 to a high of $31.235, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer full information regarding the number of shares sold at each price within the range.
F3	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 8, 2023. The actual sale prices ranged from a low of $31.24 to a high of $31.715, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer full information regarding the number of shares sold at each price within the range.
F4	These shares are held of record by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH LSV Fund I Entities. The Reporting Person and Benjamin Horowitz are the managing members of AH EP LSV I and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund I Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
F5	These shares are held of record by the LAMA Community Trust, of which the Reporting Person is a trustee.
F6	These shares are held of record by Andreessen Horowitz LSV Fund III, L.P. ("AH LSV Fund III"), for itself and as nominee for Andreessen Horowitz LSV Fund III-B, L.P. ("AH LSV Fund III-B") and AH 2022 Annual Fund, L.P. ("AH 2022 Annual" and together with AH LSV Fund III and AH LSV Fund III-B, the "AH LSV Fund III Entities"). AH Equity Partners LSV III, L.L.C. ("AH EP LSV III"), the general partner of AH LSV Fund III and AH LSV Fund III-B, may be deemed to have sole voting and dispositive power over the shares held by AH LSV Fund III and AH LSV Fund III-B. AH Equity Partners 2022 Annual Fund, L.L.C. ("AH EP 2022 Annual"), the general partner of AH 2022 Annual, may be deemed to have sole voting and dispositive power over the shares held by AH 2022 Annual. The Reporting Person and Benjamin Horowitz are the managing members of AH EP LSV III and AH EP 2022 Annual and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund III Entities.
F7	(Continued from Footnote 6) The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund III Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
F8	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.
F9	These shares are held of record by Andreessen Horowitz Fund IV, L.P., for itself and as nominee for Andreessen Horowitz Fund IV-A, L.P., Andreessen Horowitz Fund IV-B, L.P., and Andreessen Horowitz Fund IV-Q, L.P. (collectively, the "AH Fund IV Entities"). AH Equity Partners IV, L.L.C. ("AH EP IV"), the general partner of the AH Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Fund IV Entities. The Reporting Person and Benjamin Horowitz are the managing members of AH EP IV and may be deemed to have shared voting and dispositive power over the shares held by the AH Fund IV Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund IV Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
F10	These shares are held of record by AH Parallel Fund IV, L.P., for itself and as nominee for AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., and AH Parallel Fund IV-Q, L.P. (collectively, the "AH Parallel Fund IV Entities"). AH Equity Partners IV (Parallel), L.L.C. ("AH EP IV Parallel"), the general partner of the AH Parallel Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund IV Entities.
F11	(Continued from Footnote 10) The Reporting Person and Benjamin Horowitz are the managing members of AH EP IV Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund IV Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund IV Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Remarks:

Exhibit 24 Power of Attorney