Jonathan Chadwick - Dec 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
Dec 15, 2022
Transactions value $
-$77,785
Form type
4
Date filed
12/19/2022, 07:17 PM
Previous filing
Dec 9, 2022
Next filing
Mar 9, 2023

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 +244K +98.14% $0.00 493K Dec 15, 2022 Direct F1
transaction IOT Class A Common Stock Sale -$77.8K -6.1K -1.24% $12.75 487K Dec 16, 2022 Direct F1, F2, F3

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 Conversion of derivative security $0 -244K -100% $0.00* 0 Dec 15, 2022 Class A Common Stock 244K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain reported shares are represented by restricted stock units, or RSUs, of which 30,515 shares vested on December 15, 2022, and the remaining 213,608 RSUs vest in quarterly installments through September 15, 2024.
F2 The sales reported by Mr. Chadwick were effected pursuant to a Rule 10b5-1 trading plan.
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 $12.51 to $13.06, 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.
F4 The RSUs, which were to be settled for shares of Class B Common Stock, have been modified at the reporting person's election to be settled for shares of Class A Common Stock.
F5 Each RSU represents a contingent right to receive one share of Issuer Class A Common Stock.