Susan L. Bostrom - 15 Dec 2022 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Director
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Susan L. Bostrom
Issuer symbol
IOT
Transactions as of
15 Dec 2022
Net transactions value
$0
Form type
4
Filing time
19 Dec 2022, 19:29:56 UTC
Previous filing
19 Sep 2022
Next filing
05 Jun 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 +150,000 +140% $0.000000 256,821 15 Dec 2022 Direct F1

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 -150,000 -100% $0.000000* 0 15 Dec 2022 Class A Common Stock 150,000 Direct F2, F3
* 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 15,000 shares vested on December 15, 2022 and the remaining 135,000 RSUs vest in quarterly installments through March 15, 2025.
F2 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.
F3 Each RSU represents a contingent right to receive one share of Issuer Class A Common Stock.