John Bicket - 07 Feb 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Executive Vice President, Chief Technology Officer, Director, 10%+ Owner
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Issuer symbol
IOT
Transactions as of
07 Feb 2023
Net transactions value
-$1,354,084
Form type
4
Filing time
09 Feb 2023, 19:30:52 UTC
Previous filing
02 Feb 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 +47,868 +172% $0.000000 75,675 07 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $718,709 -47,868 -63% $15.01 27,807 07 Feb 2023 See footnote F1, F2, F3
transaction IOT Class A Common Stock Conversion of derivative security $0 +31,484 +113% $0.000000 59,291 08 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $469,537 -31,484 -53% $14.91 27,807 08 Feb 2023 See footnote F1, F2, F4
transaction IOT Class A Common Stock Conversion of derivative security $0 +10,943 +39% $0.000000 38,750 09 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $165,838 -10,943 -28% $15.15 27,807 09 Feb 2023 See footnote F1, F2, F5
holding IOT Class A Common Stock 194,651 07 Feb 2023 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 Class B Common Stock Conversion of derivative security $0 -47,868 -0.06% $0.000000 86,858,182 07 Feb 2023 Class A Common Stock 47,868 $0.000000 See footnote F1, F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -31,484 -0.04% $0.000000 86,826,698 08 Feb 2023 Class A Common Stock 31,484 $0.000000 See footnote F1, F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -10,943 -0.01% $0.000000 86,815,755 09 Feb 2023 Class A Common Stock 10,943 $0.000000 See footnote F1, F6
holding IOT Class B Common Stock 152,564 07 Feb 2023 Class A Common Stock 152,564 $0.000000 Direct F6
holding IOT Class B Common Stock 1,283,986 07 Feb 2023 Class A Common Stock 1,283,986 $0.000000 See footnote F6, F7, F8
holding IOT Class B Common Stock 790,328 07 Feb 2023 Class A Common Stock 790,328 $0.000000 See footnote F6, F9, F10
holding IOT Class B Common Stock 17,312,164 07 Feb 2023 Class A Common Stock 17,312,164 $0.000000 See footnote F6, F11, F12
holding IOT Class B Common Stock 790,328 07 Feb 2023 Class A Common Stock 790,328 $0.000000 See footnote F6, F13, F14
holding IOT Class B Common Stock 1,286,597 07 Feb 2023 Class A Common Stock 1,286,597 $0.000000 See footnote F6, F15
holding IOT Class B Common Stock 4,466,764 07 Feb 2023 Class A Common Stock 4,466,764 $0.000000 See footnote F6, F16
holding IOT Class B Common Stock 250,000 07 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F17
holding IOT Class B Common Stock 250,000 07 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F18
holding IOT Class B Common Stock 250,000 07 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares held by John C. Bicket, Trustee of the John C. Bicket Revocable Trust u/a/d 2/15/2013, over which Mr. Bicket has voting or investment power.
F2 The sales reported by Mr. Bicket 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 $14.65 to $15.35 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 $14.59 to $15.38 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 "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 $14.98 to $15.32 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.
F6 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.
F7 Consists of shares held by John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/2020 (the "Bicket-Dobson Revocable Trust").
F8 The number of shares held reflects the transfer, on January 31, 2023, of (i) 790,328 shares of Class B Common Stock from John C. Bicket, Trustee of The John C. Bicket 2020 Annuity Trust u/a/d 12/23/2020 (the "JB 2020 Annuity Trust"), to the Bicket-Dobson Revocable Trust, (ii) 790,328 shares of Class B Common Stock from CBD, Trustee of The CBD 2020 Annuity Trust u/a/d 12/23/2020 (the "CBD 2020 Annuity Trust"), to the Bicket-Dobson Revocable Trust, (iii) 790,328 shares of Class B Common Stock from the Bicket-Dobson Revocable Trust to John C. Bicket, Trustee of the John C. Bicket 2023 Annuity Trust u/a/d 1/22/2023, over which Mr. Bicket has voting or investment power (the "JB 2023 Annuity Trust"), and (iv) 790,328 shares of Class B Common Stock from the Bicket-Dobson Revocable Trust to CBD, Trustee of the CBD 2023 Annuity Trust u/a/d 1/22/2023, over which Mr. Bicket has voting or investment power (the "CBD 2023 Annuity Trust").
F9 Consists of shares held by the JB 2023 Annuity Trust.
F10 The number of shares held reflects the transfer, on January 31, 2023, of 790,328 shares of Class B Common Stock from the Bicket-Dobson Revocable Trust to the JB 2023 Annuity Trust.
F11 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust II u/a/d 10/8/2021, over which Mr. Bicket has voting or investment power (the "Bicket-Dobson Trust II").
F12 The number of shares held reflects the transfer, on January 31, 2023, of (i) 860,111 shares of Class B Common Stock from the JB 2020 Annuity Trust to the Bicket-Dobson Trust II and (ii) 860,111 shares of Class B Common Stock from the CBD 2020 Annuity Trust to the Bicket-Dobson Trust II.
F13 Consists of shares held by the CBD 2023 Annuity Trust.
F14 The number of shares held reflects the transfer, on January 31, 2023, of 790,328 shares of Class B Common Stock from the Bicket-Dobson Revocable Trust to the CBD 2023 Annuity Trust.
F15 Consists of shares held by Mr. Bicket's spouse.
F16 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I u/a/d 11/10/2021, over which Mr. Bicket has voting or investment power.
F17 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo ACDB u/a/d 11/10/2021, over which Mr. Bicket has voting or investment power.
F18 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo JCDB u/a/d 11/10/2021, over which Mr. Bicket has voting or investment power.
F19 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A u/a/d 11/10/2021, over which Mr. Bicket has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer