Kiren Sekar - 24 Jan 2023 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
24 Jan 2023
Net transactions value
-$2,105,647
Form type
4
Filing time
26 Jan 2023, 18:12:18 UTC
Previous filing
19 Jan 2023
Next filing
16 Feb 2023
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 +53,472 +16% $0.000000 397,253 24 Jan 2023 Direct
transaction IOT Class A Common Stock Sale $707,445 -53,472 -13% $13.23 343,781 24 Jan 2023 Direct F1, F2
transaction IOT Class A Common Stock Conversion of derivative security $0 +53,472 +16% $0.000000 397,253 25 Jan 2023 Direct
transaction IOT Class A Common Stock Sale $689,623 -53,472 -13% $12.90 343,781 25 Jan 2023 Direct F1, F3
transaction IOT Class A Common Stock Conversion of derivative security $0 +53,472 +16% $0.000000 397,253 26 Jan 2023 Direct
transaction IOT Class A Common Stock Sale $708,579 -53,472 -13% $13.25 343,781 26 Jan 2023 Direct F1, F4

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 -53,472 -8.3% $0.000000 588,194 24 Jan 2023 Class A Common Stock 53,472 $0.000000 Direct F5
transaction IOT Class B Common Stock Conversion of derivative security $0 -53,472 -9.1% $0.000000 534,722 25 Jan 2023 Class A Common Stock 53,472 $0.000000 Direct F5
transaction IOT Class B Common Stock Conversion of derivative security $0 -53,472 -10% $0.000000 481,250 26 Jan 2023 Class A Common Stock 53,472 $0.000000 Direct F5
holding IOT Class B Common Stock 4,012,263 24 Jan 2023 Class A Common Stock 4,012,263 $0.000000 See footnote F5, F6
holding IOT Class B Common Stock 1,290,000 24 Jan 2023 Class A Common Stock 1,290,000 $0.000000 See footnote F5, F7
* 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. Sekar 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 $13.01 to $13.61 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 ranges set forth herein.
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 $12.34 to $13.19 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 ranges set forth herein.
F4 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 $13.07 to $13.67 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 ranges set forth herein.
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.
F6 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.
F7 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.

Remarks:

Executive Vice President, Chief Strategy Officer