John Bicket - 15 Mar 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
15 Mar 2023
Net transactions value
-$1,484,374
Form type
4
Filing time
17 Mar 2023, 18:08:24 UTC
Previous filing
15 Mar 2023
Next filing
23 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 +152,564 +41% $0.000000 522,040 15 Mar 2023 Direct F1
transaction IOT Class A Common Stock Sale $1,484,374 -76,616 -15% $19.37 445,424 15 Mar 2023 Direct F1, F2, F3
holding IOT Class A Common Stock 27,807 15 Mar 2023 See footnote F4

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 Options Exercise $0 -152,564 -14% $0.000000 966,239 15 Mar 2023 Class B Common Stock 152,564 Direct F5, F6, F7
transaction IOT Class B Common Stock Options Exercise $0 +152,564 +100% $0.000000 305,128 15 Mar 2023 Class A Common Stock 152,564 $0.000000 Direct F7
transaction IOT Class B Common Stock Conversion of derivative security $0 -152,564 -50% $0.000000 152,564 15 Mar 2023 Class A Common Stock 152,564 $0.000000 Direct F7
holding IOT Class B Common Stock 86,364,280 15 Mar 2023 Class A Common Stock 86,364,280 $0.000000 See footnote F4, F7
holding IOT Class B Common Stock 1,283,986 15 Mar 2023 Class A Common Stock 1,283,986 $0.000000 See footnote F7, F8
holding IOT Class B Common Stock 790,328 15 Mar 2023 Class A Common Stock 790,328 $0.000000 See footnote F7, F9
holding IOT Class B Common Stock 17,312,164 15 Mar 2023 Class A Common Stock 17,312,164 $0.000000 See footnote F7, F10
holding IOT Class B Common Stock 790,328 15 Mar 2023 Class A Common Stock 790,328 $0.000000 See footnote F7, F11
holding IOT Class B Common Stock 1,286,597 15 Mar 2023 Class A Common Stock 1,286,597 $0.000000 See footnote F7, F12
holding IOT Class B Common Stock 4,466,764 15 Mar 2023 Class A Common Stock 4,466,764 $0.000000 See footnote F7, F13
holding IOT Class B Common Stock 250,000 15 Mar 2023 Class A Common Stock 250,000 $0.000000 See footnote F7, F14
holding IOT Class B Common Stock 250,000 15 Mar 2023 Class A Common Stock 250,000 $0.000000 See footnote F7, F15
holding IOT Class B Common Stock 250,000 15 Mar 2023 Class A Common Stock 250,000 $0.000000 See footnote F7, F16
* 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 These shares were disposed of in non-discretionary transactions to cover the Reporting Person's tax withholding obligations in connection with the settlement of awards of RSUs.
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 $19.15 to $19.68 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 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.
F5 The reported shares represent RSUs, of which 152,564 shares vested on March 15, 2023 and the remaining shares vest in quarterly installments through December 15, 2024.
F6 Each RSU represents a contingent right to receive one share of Class B Common Stock.
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 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.
F9 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.
F10 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.
F11 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.
F12 Consists of shares held by the Reporting Person's spouse.
F13 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.
F14 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.
F15 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.
F16 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