Kiren Sekar - Mar 1, 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Officer
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Kiren Sekar
Stock symbol
IOT
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 05:56 PM
Previous filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Award $0 +175K +50.85% $0.00 519K Mar 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kiren Sekar is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. 5% of the RSUs shall vest on June 15, 2023 and each quarterly vesting date thereafter through March 15, 2024; 7.5% of the RSUs shall vest on June 15, 2024 and each quarterly vesting date thereafter through March 15, 2025; and 12.5% of the RSUs shall vest on June 15, 2025 and each quarterly vesting date thereafter through March 15, 2026, subject to the Reporting Person continuing as a service provider through each such date.
F2 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.

Remarks:

Officer title: Executive Vice President, Chief Strategy Officer The Reporting Person continues to serve as Executive Vice President, Chief Strategy Officer, but ceased to be an executive officer subject to Section 16 reporting as of March 1, 2023.