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

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Benjamin Calderon
Stock symbol
IOT
Transactions as of
Feb 15, 2023
Transactions value $
-$314,702
Form type
4
Date filed
2/16/2023, 07:02 PM
Previous filing
Feb 2, 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 +19.7K +3.4% $0.00 598K Feb 15, 2023 Direct F1
transaction IOT Class A Common Stock Sale -$315K -19.7K -3.29% $16.01 578K Feb 15, 2023 Direct F1, F2, F3

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 -19.7K -0.22% $0.00 8.79M Feb 15, 2023 Class A Common Stock 19.7K $0.00 Direct F4
holding IOT Class B Common Stock 909K Feb 15, 2023 Class A Common Stock 909K $0.00 See footnote F4, F5
holding IOT Class B Common Stock 909K Feb 15, 2023 Class A Common Stock 909K $0.00 See footnote F4, F6
holding IOT Class B Common Stock 909K Feb 15, 2023 Class A Common Stock 909K $0.00 See footnote F4, F7
holding IOT Class B Common Stock 290K Feb 15, 2023 Class A Common Stock 290K $0.00 See footnote F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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 $16.00 to $16.05 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 Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis.
F5 Consists of shares held by Fall MC, LLC, over which the Reporting Person has voting or investment power.
F6 Consists of shares held by Summer NC, LLC, over which the Reporting Person has voting or investment power.
F7 Consists of shares held by Winter EC, LLC, over which the Reporting Person has voting or investment power.
F8 Consists of shares held by CH 2021 GRAT, over which the Reporting Person has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer, Hardware and Operations