John Bicket - Mar 7, 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
Stock symbol
IOT
Transactions as of
Mar 7, 2023
Transactions value $
-$1,875,060
Form type
4
Date filed
3/9/2023, 04:04 PM
Previous filing
Mar 2, 2023
Next filing
Mar 15, 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 +90.3K +324.72% $0.00 118K Mar 7, 2023 See footnote F1
transaction IOT Class A Common Stock Sale -$642K -31.4K -26.55% $20.49 86.7K Mar 7, 2023 See footnote F1, F2, F3
transaction IOT Class A Common Stock Sale -$1.23M -58.9K -67.94% $20.91 27.8K Mar 7, 2023 See footnote F1, F2, F4
holding IOT Class A Common Stock 369K Mar 7, 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 -90.3K -0.1% $0.00 86.5M Mar 7, 2023 Class A Common Stock 90.3K $0.00 See footnote F1, F6
holding IOT Class B Common Stock 153K Mar 7, 2023 Class A Common Stock 153K $0.00 Direct F6
holding IOT Class B Common Stock 1.28M Mar 7, 2023 Class A Common Stock 1.28M $0.00 See footnote F6, F7
holding IOT Class B Common Stock 790K Mar 7, 2023 Class A Common Stock 790K $0.00 See footnote F6, F8
holding IOT Class B Common Stock 17.3M Mar 7, 2023 Class A Common Stock 17.3M $0.00 See footnote F6, F9
holding IOT Class B Common Stock 790K Mar 7, 2023 Class A Common Stock 790K $0.00 See footnote F6, F10
holding IOT Class B Common Stock 1.29M Mar 7, 2023 Class A Common Stock 1.29M $0.00 See footnote F6, F11
holding IOT Class B Common Stock 4.47M Mar 7, 2023 Class A Common Stock 4.47M $0.00 See footnote F6, F12
holding IOT Class B Common Stock 250K Mar 7, 2023 Class A Common Stock 250K $0.00 See footnote F6, F13
holding IOT Class B Common Stock 250K Mar 7, 2023 Class A Common Stock 250K $0.00 See footnote F6, F14
holding IOT Class B Common Stock 250K Mar 7, 2023 Class A Common Stock 250K $0.00 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 $19.73 to $20.725 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 $20.73 to $21.09 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