Benjamin Calderon - Mar 15, 2022 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Executive Vice President, Chief Technology Officer, Hardware and Operations
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Benjamin Calderon
Stock symbol
IOT
Transactions as of
Mar 15, 2022
Transactions value $
-$336,615
Form type
4
Date filed
3/17/2022, 09:02 PM
Previous filing
Dec 21, 2021
Next filing
Jun 17, 2022

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 +68.8K $0.00 68.8K Mar 15, 2022 Direct
transaction IOT Class A Common Stock Award $0 +130K +188.53% $0.00 198K Mar 15, 2022 Direct F1
transaction IOT Class A Common Stock Sale -$238K -18.1K -9.12% $13.18 180K Mar 15, 2022 Direct F2, F3
transaction IOT Class A Common Stock Sale -$98.3K -7.1K -3.94% $13.84 173K Mar 15, 2022 Direct F2, F4

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 Options Exercise $0 -390K -35.42% $0.00 710K Mar 15, 2022 Class B Common Stock 390K Direct F5, F6, F7
transaction IOT Class B Common Stock Options Exercise $0 +390K +4.02% $0.00 10.1M Mar 15, 2022 Class A Common Stock 390K $0.00 Direct F7
transaction IOT Class B Common Stock Conversion of derivative security $0 -68.8K -0.68% $0.00 10M Mar 15, 2022 Class A Common Stock 68.6K $0.00 Direct F7
holding IOT Class B Common Stock 909K Mar 15, 2022 Class A Common Stock 909K $0.00 See footnote F7, F8
holding IOT Class B Common Stock 909K Mar 15, 2022 Class A Common Stock 909K $0.00 See footnote F7, F9
holding IOT Class B Common Stock 909K Mar 15, 2022 Class A Common Stock 909K $0.00 See footnote F7, F10
holding IOT Class B Common Stock 290K Mar 15, 2022 Class A Common Stock 290K $0.00 See footnote F7, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 129,611 restricted stock units, or RSUs, granted on March 15, 2022 that vest in 16 equal quarterly installments following March 17, 2022.
F2 These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of RSUs.
F3 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $12.67 to $13.66 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F4 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $13.68 to $14.14, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F5 The reported shares are represented by RSUs of which 320,833 vested on December 14, 2021 that were previously reported, 68,750 vested on March 15, 2022 and the remaining shares vest in quarterly installments through December 15, 2024.
F6 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F7 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.
F8 Consists of shares held by Fall MC, LLC, over which Mr. Calderon has voting or investment power.
F9 Consists of shares held by Summer NC, LLC, over which Mr. Calderon has voting or investment power.
F10 Consists of shares held by Winter EC, LLC, over which Mr. Calderon has voting or investment power.
F11 Consists of shares held by CH 2021 GRAT, over which Mr. Calderon has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer, Hardware and Operations