John Bicket - Feb 7, 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Stock symbol
IOT
Transactions as of
Feb 7, 2023
Transactions value $
-$1,354,084
Form type
4
Date filed
2/9/2023, 07:30 PM
Previous filing
Feb 2, 2023
Next filing
Feb 16, 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 +47.9K +172.14% $0.00 75.7K Feb 7, 2023 See footnote F1
transaction IOT Class A Common Stock Sale -$719K -47.9K -63.25% $15.01 27.8K Feb 7, 2023 See footnote F1, F2, F3
transaction IOT Class A Common Stock Conversion of derivative security $0 +31.5K +113.22% $0.00 59.3K Feb 8, 2023 See footnote F1
transaction IOT Class A Common Stock Sale -$470K -31.5K -53.1% $14.91 27.8K Feb 8, 2023 See footnote F1, F2, F4
transaction IOT Class A Common Stock Conversion of derivative security $0 +10.9K +39.35% $0.00 38.8K Feb 9, 2023 See footnote F1
transaction IOT Class A Common Stock Sale -$166K -10.9K -28.24% $15.15 27.8K Feb 9, 2023 See footnote F1, F2, F5
holding IOT Class A Common Stock 195K Feb 7, 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 -47.9K -0.06% $0.00 86.9M Feb 7, 2023 Class A Common Stock 47.9K $0.00 See footnote F1, F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -31.5K -0.04% $0.00 86.8M Feb 8, 2023 Class A Common Stock 31.5K $0.00 See footnote F1, F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -10.9K -0.01% $0.00 86.8M Feb 9, 2023 Class A Common Stock 10.9K $0.00 See footnote F1, F6
holding IOT Class B Common Stock 153K Feb 7, 2023 Class A Common Stock 153K $0.00 Direct F6
holding IOT Class B Common Stock 1.28M Feb 7, 2023 Class A Common Stock 1.28M $0.00 See footnote F6, F7, F8
holding IOT Class B Common Stock 790K Feb 7, 2023 Class A Common Stock 790K $0.00 See footnote F6, F9, F10
holding IOT Class B Common Stock 17.3M Feb 7, 2023 Class A Common Stock 17.3M $0.00 See footnote F6, F11, F12
holding IOT Class B Common Stock 790K Feb 7, 2023 Class A Common Stock 790K $0.00 See footnote F6, F13, F14
holding IOT Class B Common Stock 1.29M Feb 7, 2023 Class A Common Stock 1.29M $0.00 See footnote F6, F15
holding IOT Class B Common Stock 4.47M Feb 7, 2023 Class A Common Stock 4.47M $0.00 See footnote F6, F16
holding IOT Class B Common Stock 250K Feb 7, 2023 Class A Common Stock 250K $0.00 See footnote F6, F17
holding IOT Class B Common Stock 250K Feb 7, 2023 Class A Common Stock 250K $0.00 See footnote F6, F18
holding IOT Class B Common Stock 250K Feb 7, 2023 Class A Common Stock 250K $0.00 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