Sanjit Biswas - 07 Feb 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
Issuer symbol
IOT
Transactions as of
07 Feb 2023
Net transactions value
-$1,346,575
Form type
4
Filing time
09 Feb 2023, 19:32:34 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 +47,818 +52% $0.000000 139,256 07 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $717,939 -47,818 -34% $15.01 91,438 07 Feb 2023 See footnote F1, F2, F3
transaction IOT Class A Common Stock Conversion of derivative security $0 +31,480 +34% $0.000000 122,918 08 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $469,477 -31,480 -26% $14.91 91,438 08 Feb 2023 See footnote F1, F2, F4
transaction IOT Class A Common Stock Conversion of derivative security $0 +10,502 +11% $0.000000 101,940 09 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $159,159 -10,502 -10% $15.16 91,438 09 Feb 2023 See footnote F1, F2, F5
holding IOT Class A Common Stock 640,067 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 -47,818 -0.06% $0.000000 86,723,258 07 Feb 2023 Class A Common Stock 47,818 $0.000000 See footnote F1, F6, F7
transaction IOT Class B Common Stock Conversion of derivative security $0 -31,480 -0.04% $0.000000 86,691,778 08 Feb 2023 Class A Common Stock 31,480 $0.000000 See footnote F1, F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -10,502 -0.01% $0.000000 86,681,276 09 Feb 2023 Class A Common Stock 10,502 $0.000000 See footnote F1, F6
holding IOT Class B Common Stock 126,628 07 Feb 2023 Class A Common Stock 126,628 $0.000000 Direct F6
holding IOT Class B Common Stock 4,155,371 07 Feb 2023 Class A Common Stock 4,155,371 $0.000000 See footnote F6, F8
holding IOT Class B Common Stock 17,312,164 07 Feb 2023 Class A Common Stock 17,312,164 $0.000000 See footnote F6, F9, F10
holding IOT Class B Common Stock 1,283,986 07 Feb 2023 Class A Common stock 1,283,986 $0.000000 See footnote F6, F11
holding IOT Class B Common Stock 790,328 07 Feb 2023 Class A Common Stock 790,328 $0.000000 See footnote F6, F12, F13
holding IOT Class B Common Stock 250,000 07 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F14
holding IOT Class B Common Stock 250,000 07 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F15
holding IOT Class B Common Stock 250,000 07 Feb 2023 Class A Common Stock 250,000 $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 1,286,597 07 Feb 2023 Class A Common Stock 1,286,597 $0.000000 See footnote F6, F18
holding IOT Class B Common Stock 790,328 07 Feb 2023 Class A Common Stock 790,328 $0.000000 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.