John Bicket - 21 Feb 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Executive Vice President, Chief Technology Officer, Director, 10%+ Owner
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Issuer symbol
IOT
Transactions as of
21 Feb 2023
Net transactions value
-$1,451,767
Form type
4
Filing time
23 Feb 2023, 15:33:19 UTC
Previous filing
16 Feb 2023
Next filing
02 Mar 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 +73,086 +263% $0.000000 100,893 21 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $1,171,591 -73,086 -72% $16.03 27,807 21 Feb 2023 See footnote F1, F2, F3
transaction IOT Class A Common Stock Conversion of derivative security $0 +17,209 +62% $0.000000 45,016 22 Feb 2023 See footnote F1
transaction IOT Class A Common Stock Sale $280,176 -17,209 -38% $16.28 27,807 22 Feb 2023 See footnote F1, F2, F4
holding IOT Class A Common Stock 194,651 21 Feb 2023 Direct F5

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 -73,086 -0.08% $0.000000 86,652,374 21 Feb 2023 Class A Common Stock 73,086 $0.000000 See footnote F1, F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -17,209 -0.02% $0.000000 86,635,165 22 Feb 2023 Class A Common Stock 17,209 $0.000000 See footnote F1, F6
holding IOT Class B Common Stock 152,564 21 Feb 2023 Class A Common Stock 152,564 $0.000000 Direct F6
holding IOT Class B Common Stock 1,283,986 21 Feb 2023 Class A Common Stock 1,283,986 $0.000000 See footnote F6, F7
holding IOT Class B Common Stock 790,328 21 Feb 2023 Class A Common Stock 790,328 $0.000000 See footnote F6, F8
holding IOT Class B Common Stock 17,312,164 21 Feb 2023 Class A Common Stock 17,312,164 $0.000000 See footnote F6, F9
holding IOT Class B Common Stock 790,328 21 Feb 2023 Class A Common Stock 790,328 $0.000000 See footnote F6, F10
holding IOT Class B Common Stock 1,286,597 21 Feb 2023 Class A Common Stock 1,286,597 $0.000000 See footnote F6, F11
holding IOT Class B Common Stock 4,466,764 21 Feb 2023 Class A Common Stock 4,466,764 $0.000000 See footnote F6, F12
holding IOT Class B Common Stock 250,000 21 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F13
holding IOT Class B Common Stock 250,000 21 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F14
holding IOT Class B Common Stock 250,000 21 Feb 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F15
* 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 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 $15.55 to $16.225 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 $16.09 to $16.50 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 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.
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 12/23/20, over which the Reporting Person has voting or investment power.
F8 Consists of shares held by John C. Bicket, Trustee of the John C. Bicket 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.
F9 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 the Reporting Person has voting or investment power.
F10 Consists of shares held by CBD, Trustee of the CBD 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.
F11 Consists of shares held by the Reporting Person's spouse.
F12 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 the Reporting Person has voting or investment power.
F13 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 the Reporting Person has voting or investment power.
F14 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 the Reporting Person has voting or investment power.
F15 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 the Reporting Person has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer