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

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas
Stock symbol: IOT
Transactions as of: Feb 7, 2023
Transactions value $: -$1,346,575
Form type: 4
Date filed: 2/9/2023, 07:32 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	+47.8K	+52.3%	$0.00	139K	Feb 7, 2023	See footnote	F1
transaction	IOT	Class A Common Stock	Sale	-$718K	-47.8K	-34.34%	$15.01	91.4K	Feb 7, 2023	See footnote	F1, F2, F3
transaction	IOT	Class A Common Stock	Conversion of derivative security	$0	+31.5K	+34.43%	$0.00	123K	Feb 8, 2023	See footnote	F1
transaction	IOT	Class A Common Stock	Sale	-$469K	-31.5K	-25.61%	$14.91	91.4K	Feb 8, 2023	See footnote	F1, F2, F4
transaction	IOT	Class A Common Stock	Conversion of derivative security	$0	+10.5K	+11.49%	$0.00	102K	Feb 9, 2023	See footnote	F1
transaction	IOT	Class A Common Stock	Sale	-$159K	-10.5K	-10.3%	$15.16	91.4K	Feb 9, 2023	See footnote	F1, F2, F5
holding	IOT	Class A Common Stock						640K	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	-47.8K	-0.06%	$0.00	86.7M	Feb 7, 2023	Class A Common Stock	47.8K	$0.00	See footnote	F1, F6, F7
transaction	IOT	Class B Common Stock	Conversion of derivative security	$0	-31.5K	-0.04%	$0.00	86.7M	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	-10.5K	-0.01%	$0.00	86.7M	Feb 9, 2023	Class A Common Stock	10.5K	$0.00	See footnote	F1, F6
holding	IOT	Class B Common Stock						127K	Feb 7, 2023	Class A Common Stock	127K	$0.00	Direct	F6
holding	IOT	Class B Common Stock						4.16M	Feb 7, 2023	Class A Common Stock	4.16M	$0.00	See footnote	F6, F8
holding	IOT	Class B Common Stock						17.3M	Feb 7, 2023	Class A Common Stock	17.3M	$0.00	See footnote	F6, F9, F10
holding	IOT	Class B Common Stock						1.28M	Feb 7, 2023	Class A Common stock	1.28M	$0.00	See footnote	F6, F11
holding	IOT	Class B Common Stock						790K	Feb 7, 2023	Class A Common Stock	790K	$0.00	See footnote	F6, F12, F13
holding	IOT	Class B Common Stock						250K	Feb 7, 2023	Class A Common Stock	250K	$0.00	See footnote	F6, F14
holding	IOT	Class B Common Stock						250K	Feb 7, 2023	Class A Common Stock	250K	$0.00	See footnote	F6, F15
holding	IOT	Class B Common Stock						250K	Feb 7, 2023	Class A Common Stock	250K	$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						1.29M	Feb 7, 2023	Class A Common Stock	1.29M	$0.00	See footnote	F6, F18
holding	IOT	Class B Common Stock						790K	Feb 7, 2023	Class A Common Stock	790K	$0.00	See footnote	F6, F19, F20

* 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 SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which Mr. Biswas has voting or investment power (the "Biswas Family Trust").
F2	The sales reported by Mr. Biswas 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 range 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 range 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 range 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	The number of shares held reflects the transfer, on January 31, 2023, of (i) 790,328 shares of Class B Common Stock from Sanjit Biswas, Trustee of The Sanjit Biswas 2020 Annuity Trust u/a/d 12/2/2020 (the "SB 2020 Annuity Trust"), to the Biswas Family Trust, (ii) 790,328 shares of Class B Common Stock from HB, Trustee of The HB 2020 Annuity Trust u/a/d 12/2/2020 (the "HB 2020 Annuity Trust"), to the Biswas Family Trust, (iii) 790,328 shares of Class B Common Stock from the Biswas Family Trust to Sanjit Biswas, Trustee of the Sanjit Biswas 2023 Annuity Trust u/a/d 1/16/2023, over which Mr. Biswas has voting or investment power (the "SB 2023 Annuity Trust"), and (iv) 790,328 shares of Class B Common Stock from the Biswas Family Trust to HB, Trustee of the HB 2023 Annuity Trust u/a/d 1/16/2023, over which Mr. Biswas has voting or investment power (the "HB 2023 Annuity Trust").
F8	Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which Mr. Biswas has voting or investment power.
F9	Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which Mr. Biswas has voting or investment power (the "Biswas Trust II").
F10	The number of shares held reflects the transfer, on January 31, 2023, of (i) 860,111 shares of Class B Common Stock from the SB 2020 Annuity Trust to the Biswas Trust II and (ii) 860,111 shares of Class B Common Stock from the HB 2020 Annuity Trust to the Biswas Trust II.
F11	Consists of shares held by the Biswas Family Trust. These shares are held in a separate account from the shares held by the Biswas Family Trust referenced in footnote (1) above.
F12	Consists of shares held by the SB 2023 Annuity Trust.
F13	The number of shares held reflects the transfer, on January 31, 2023, of 790,328 shares of Class B Common Stock from the Biswas Family Trust to the SB 2023 Annuity Trust.
F14	Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A u/a/d 11/11/2021, over which Mr. Biswas has voting or investment power.
F15	Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo REB u/a/d 11/11/2021, over which Mr. Biswas has voting or investment power.
F16	Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo NAmB u/a/d 11/11/2021, over which Mr. Biswas has voting or investment power.
F17	Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo NAlB u/a/d 11/11/2021, over which Mr. Biswas has voting or investment power.
F18	Consists of shares held by Mr. Biswas' spouse.
F19	Consists of shares held by the HB 2023 Annuity Trust.
F20	The number of shares held reflects the transfer, on January 31, 2023, of 790,328 shares of Class B Common Stock from the Biswas Family Trust to the HB 2023 Annuity Trust.