Jonathan Chadwick - Sep 15, 2022 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Director
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Jonathan Chadwick
Stock symbol
IOT
Transactions as of
Sep 15, 2022
Transactions value $
-$76,850
Form type
4
Date filed
9/19/2022, 05:24 PM
Previous filing
Sep 8, 2022
Next filing
Oct 11, 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 +30.5K +42.53% $0.00 102K Sep 15, 2022 Direct
transaction IOT Class A Common Stock Sale -$76.8K -6.1K -5.97% $12.59 96.2K Sep 16, 2022 Direct F1, F2

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 -30.5K -11.11% $0.00 244K Sep 15, 2022 Class B Common Stock 30.5K Direct F3, F4, F5
transaction IOT Class B Common Stock Options Exercise $0 +30.5K +20% $0.00 183K Sep 15, 2022 Class A Common Stock 30.5K $0.00 Direct F5
transaction IOT Class B Common Stock Conversion of derivative security $0 -30.5K -16.67% $0.00 153K Sep 15, 2022 Class A Common Stock 30.5K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported by Mr. Chadwick were effected pursuant to a Rule 10b5-1 trading plan.
F2 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 $12.39 to $12.81, 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 range set forth herein.
F3 The reported shares are represented by restricted stock units, or RSUs, of which 30,516 shares vested on September 15, 2022 and the remaining shares vest in quarterly installments through September 15, 2024.
F4 Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class B Common Stock.
F5 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.