Sanjit Biswas - Apr 18, 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
Stock symbol: IOT
Transactions as of: Apr 18, 2023
Transactions value $: -$1,971,819
Form type: 4
Date filed: 4/20/2023, 04:47 PM
Previous filing: Apr 13, 2023
Next filing: Apr 27, 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	+89.8K	+98.21%	$0.00	181K	Apr 18, 2023	See footnote	F1
transaction	IOT	Class A Common Stock	Sale	-$1.97M	-89.8K	-49.55%	$21.96	91.4K	Apr 18, 2023	See footnote	F1, F2, F3
holding	IOT	Class A Common Stock						1.71M	Apr 18, 2023	Direct	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	Conversion of derivative security	$0	-89.8K	-0.1%	$0.00	87.2M	Apr 18, 2023	Class A Common Stock	89.8K	$0.00	See footnote	F1, F5
holding	IOT	Class B Common Stock						127K	Apr 18, 2023	Class A Common Stock	127K	$0.00	Direct	F5
holding	IOT	Class B Common Stock						4.16M	Apr 18, 2023	Class A Common Stock	4.16M	$0.00	See footnote	F5, F6
holding	IOT	Class B Common Stock						17.3M	Apr 18, 2023	Class A Common Stock	17.3M	$0.00	See footnote	F5, F7
holding	IOT	Class B Common Stock						790K	Apr 18, 2023	Class A Common Stock	790K	$0.00	See footnote	F5, F8
holding	IOT	Class B Common Stock						250K	Apr 18, 2023	Class A Common Stock	250K	$0.00	See footnote	F5, F9
holding	IOT	Class B Common Stock						250K	Apr 18, 2023	Class A Common Stock	250K	$0.00	See footnote	F5, F10
holding	IOT	Class B Common Stock						250K	Apr 18, 2023	Class A Common Stock	250K	$0.00	See footnote	F5, F11
holding	IOT	Class B Common Stock						250K	Apr 18, 2023	Class A Common Stock	250K	$0.00	See footnote	F5, F12
holding	IOT	Class B Common Stock						1.29M	Apr 18, 2023	Class A Common Stock	1.29M	$0.00	See footnote	F5, F13
holding	IOT	Class B Common Stock						790K	Apr 18, 2023	Class A Common Stock	790K	$0.00	See footnote	F5, F14

* 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.
F2	The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c). In compliance with SEC guidance, the Reporting Person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
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 $21.67 to $22.22, 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	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.
F5	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.
F6	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.
F7	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.
F8	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.
F9	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.
F10	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.
F11	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.
F12	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.
F13	Consists of shares held by the Reporting Person's spouse.
F14	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.