Ann M. Livermore - 15 Jun 2022 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Director
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Ann M. Livermore
Issuer symbol
IOT
Transactions as of
15 Jun 2022
Net transactions value
$0
Form type
4
Filing time
17 Jun 2022, 19:32:28 UTC
Previous filing
09 May 2022
Next filing
23 Jun 2022

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 -50,000 -25% $0.000000 150,000 15 Jun 2022 Class B Common Stock 50,000 Direct F1, F2, F3
transaction IOT Class B Common Stock Options Exercise $0 +50,000 $0.000000 50,000 15 Jun 2022 Class A Common Stock 50,000 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares represent restricted stock units, or RSUs, of which 50,000 vested on June 15, 2022 and the remaining shares vest in quarterly installments through June 15, 2025.
F2 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F3 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.