Kiren Sekar - 23 Sep 2022 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Executive Vice President, Chief Strategy Officer
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Kiren Sekar
Issuer symbol
IOT
Transactions as of
23 Sep 2022
Net transactions value
$0
Form type
4
Filing time
27 Sep 2022, 18:38:11 UTC
Previous filing
19 Sep 2022
Next filing
19 Dec 2022
SEC
View on sec.gov

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 +27,537 +8.5% $0.000000 351,258 23 Sep 2022 Direct

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 Stock Option (right to buy) Options Exercise $0 -27,537 -100% $0.000000* 0 23 Sep 2022 Class B Common Stock 27,537 $3.51 Direct F1
transaction IOT Class B Common Stock Options Exercise $0 +27,537 +4.3% $0.000000 669,203 23 Sep 2022 Class A Common Stock 27,537 $0.000000 Direct F2
transaction IOT Class B Common Stock Conversion of derivative security $0 -27,537 -4.1% $0.000000 641,666 23 Sep 2022 Class A Common Stock 27,537 $0.000000 Direct F2
holding IOT Class B Common Stock 1,300,000 23 Sep 2022 Class A Common Stock 1,300,000 $0.000000 See footnote F2, F3
holding IOT Class B Common Stock 4,195,914 23 Sep 2022 Class A Common Stock 4,195,914 $0.000000 See footnote F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4 of the total shares subject to the Option vested on March 4, 2019 and thereafter 1/4 of the shares subject to the Option vested each month on the same day of the month. This vesting schedule has been updated to correct an administrative error on the Reporting Person's Form 3.
F2 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.
F3 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Sekar Family Irrevocable Trust u/a/d 1/26/2021, over which Mr. Sekar has voting or investment power.
F4 Consists of shares held by KRS and CCS, Co-Trustees of The Sekar Family Revocable Trust u/a/d 5/20/2013, over which Mr. Sekar has voting or investment power.

Remarks:

Executive Vice President, Chief Strategy Officer