Sanjit Biswas - 28 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: 28 Feb 2023
Net transactions value: -$1,479,734
Form type: 4
Filing time: 02 Mar 2023, 17:18:01 UTC
Previous filing: 23 Feb 2023
Next filing: 09 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	+53,856	+59%	$0.000000	145,294	28 Feb 2023	See footnote	F1
transaction	IOT	Class A Common Stock	Sale	$890,105	-53,856	-37%	$16.53	91,438	28 Feb 2023	See footnote	F1, F2, F3
transaction	IOT	Class A Common Stock	Conversion of derivative security	$0	+35,944	+39%	$0.000000	127,382	01 Mar 2023	See footnote	F1
transaction	IOT	Class A Common Stock	Sale	$589,629	-35,944	-28%	$16.40	91,438	01 Mar 2023	See footnote	F1, F2, F4
transaction	IOT	Class A Common Stock	Award	$0	+1,118,881	+175%	$0.000000	1,758,948	01 Mar 2023	Direct	F5, F6

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	-53,856	-0.06%	$0.000000	86,447,820	28 Feb 2023	Class A Common Stock	53,856	$0.000000	See footnote	F1, F7
transaction	IOT	Class B Common Stock	Conversion of derivative security	$0	-35,944	-0.04%	$0.000000	86,411,876	01 Mar 2023	Class A Common Stock	35,944	$0.000000	See footnote	F1, F7
holding	IOT	Class B Common Stock						126,628	28 Feb 2023	Class A Common Stock	126,628	$0.000000	Direct	F7
holding	IOT	Class B Common Stock						4,155,371	28 Feb 2023	Class A Common Stock	4,155,371	$0.000000	See footnote	F7, F8
holding	IOT	Class B Common Stock						17,312,164	28 Feb 2023	Class A Common Stock	17,312,164	$0.000000	See footnote	F7, F9
holding	IOT	Class B Common Stock						1,283,986	28 Feb 2023	Class A Common stock	1,283,986	$0.000000	See footnote	F7, F10
holding	IOT	Class B Common Stock						790,328	28 Feb 2023	Class A Common Stock	790,328	$0.000000	See footnote	F7, F11
holding	IOT	Class B Common Stock						250,000	28 Feb 2023	Class A Common Stock	250,000	$0.000000	See footnote	F7, F12
holding	IOT	Class B Common Stock						250,000	28 Feb 2023	Class A Common Stock	250,000	$0.000000	See footnote	F7, F13
holding	IOT	Class B Common Stock						250,000	28 Feb 2023	Class A Common Stock	250,000	$0.000000	See footnote	F7, F14
holding	IOT	Class B Common Stock						250,000	28 Feb 2023	Class A Common Stock	250,000	$0.000000	See footnote	F7, F15
holding	IOT	Class B Common Stock						1,286,597	28 Feb 2023	Class A Common Stock	1,286,597	$0.000000	See footnote	F7, F16
holding	IOT	Class B Common Stock						790,328	28 Feb 2023	Class A Common Stock	790,328	$0.000000	See footnote	F7, F17

* 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 the Reporting Person has voting or investment power (the "Biswas Family Trust").
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 $16.23 to $16.69, 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 $16.275 to $16.65, 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	These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-twelfth of the RSUs shall vest on June 15, 2023 and each quarterly vesting date thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F6	Certain of these securities are 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.
F7	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.
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 the Reporting Person 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 the Reporting Person has voting or investment power.
F10	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.
F11	Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2023 Annuity Trust u/a/d 1/16/2023, over which the Reporting Person has voting or investment power.
F12	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 the Reporting Person has voting or investment power.
F13	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 the Reporting Person has voting or investment power.
F14	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 the Reporting Person has voting or investment power.
F15	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 the Reporting Person has voting or investment power.
F16	Consists of shares held by the Reporting Person's spouse.
F17	Consists of shares held by HB, Trustee of the HB 2023 Annuity Trust u/a/d 1/16/2023, over which the Reporting Person has voting or investment power.