Kiren Sekar - Feb 15, 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Kiren Sekar
Stock symbol
IOT
Transactions as of
Feb 15, 2023
Transactions value $
-$158,915
Form type
4
Date filed
2/16/2023, 06:49 PM
Previous filing
Jan 26, 2023
Next filing
Mar 3, 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 +10K $0.00 10K Feb 15, 2023 See footnote F1
transaction IOT Class A Common Stock Sale -$159K -10K -100% $15.89 0 Feb 15, 2023 See footnote F1, F2, F3
holding IOT Class A Common Stock 344K Feb 15, 2023 Direct 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 -10K -0.78% $0.00 1.28M Feb 15, 2023 Class A Common Stock 10K $0.00 See footnote F1, F5
holding IOT Class B Common Stock 481K Feb 15, 2023 Class A Common Stock 481K $0.00 Direct F5
holding IOT Class B Common Stock 4.01M Feb 15, 2023 Class A Common Stock 4.01M $0.00 See footnote F5, F6
* 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 Jordan Park Trust Company, LLC, Trustee of The Sekar Family Irrevocable Trust u/a/d 1/26/2021, over which the Reporting Person has voting or investment power.
F2 The sales reported by the Reporting Person 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 $15.52 to $16.20 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 Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
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 the Reporting Person has voting or investment power.

Remarks:

Executive Vice President, Chief Strategy Officer