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

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Andy McCall
Stock symbol
IOT
Transactions as of
Mar 15, 2022
Transactions value $
-$590,966
Form type
4
Date filed
3/17/2022, 09:06 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 +106K $0.00 106K Mar 15, 2022 Direct
transaction IOT Class A Common Stock Award $0 +279K +262.74% $0.00 385K Mar 15, 2022 Direct F1
transaction IOT Class A Common Stock Sale -$383K -29.1K -7.55% $13.16 356K Mar 15, 2022 Direct F2, F3
transaction IOT Class A Common Stock Sale -$208K -15.1K -4.24% $13.77 341K 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 -602K -35.42% $0.00 1.1M Mar 15, 2022 Class B Common Stock 602K Direct F5, F6, F7
transaction IOT Class B Common Stock Options Exercise $0 +602K +48.57% $0.00 1.84M Mar 15, 2022 Class A Common Stock 602K $0.00 Direct F7, F8
transaction IOT Class B Common Stock Conversion of derivative security $0 -106K -5.77% $0.00 1.74M Mar 15, 2022 Class A Common Stock 106K $0.00 Direct F7
holding IOT Class B Common Stock 5.4M Mar 15, 2022 Class A Common Stock 5.4M $0.00 See footnote F7, F9, F10
holding IOT Class B Common Stock 1.67M Mar 15, 2022 Class A Common Stock 1.67M $0.00 See footnote F7, F11
holding IOT Class B Common Stock 647K Mar 15, 2022 Class A Common Stock 647K $0.00 See footnote F7, F9, F12
holding IOT Class B Common Stock 647K Mar 15, 2022 Class A Common Stock 647K $0.00 See footnote F7, F9, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 279,163 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 $12.58 to $13.57 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 $13.59 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 495,833 vested on December 14, 2021 that were previously reported, 106,250 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 Total reflects a previously reported exempt disposition to the Issuer under Rule 16b-3(e) of 110,998 shares of Class B common stock, which the Reporting Person remitted to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.
F9 Totals reflect a scheduled distribution of Class B Common Stock to The JAM and BAM Joint Living Trust from The James Andrew McCall III 2020 Annuity Trust and The BAM 2020 Annity Trust on March 2, 2022.
F10 Consists of shares held by JAM and BAM, Co-Trustees of The JAM and BAM Joint Living Trust u/a/d 6/30/2009, over which Mr. McCall has voting or investment power.
F11 Consists of shares held by JAM and BAM, Co-Trustees of The McCall 2020 Irrevocable Children's Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.
F12 Consists of shares held by James Andrew McCall III, Trustee of The James Andrew McCall III 2020 Annuity Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.
F13 Consists of shares held by BAM, Trustee of The BAM 2020 Annuity Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.

Remarks:

Executive Vice President, Chief Revenue Officer