John Bicket - May 23, 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Stock symbol
IOT
Transactions as of
May 23, 2023
Transactions value $
-$1,772,027
Form type
4
Date filed
5/25/2023, 05:44 PM
Previous filing
May 18, 2023
Next filing
Jun 1, 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 +1.25M +4496.09% $0.00 1.28M May 23, 2023 See footnote F1, F2
transaction IOT Class A Common Stock Sale -$1.15M -57.4K -4.49% $20.02 1.22M May 23, 2023 See footnote F2, F3, F4
transaction IOT Class A Common Stock Sale -$623K -32.9K -2.69% $18.94 1.19M May 24, 2023 See footnote F2, F3, F5
holding IOT Class A Common Stock 356K May 23, 2023 Direct 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 -1.25M -1.46% $0.00 84.4M May 23, 2023 Class A Common Stock 1.25M $0.00 See footnote F1, F2, F7
holding IOT Class B Common Stock 153K May 23, 2023 Class A Common Stock 153K $0.00 Direct F7
holding IOT Class B Common Stock 1.28M May 23, 2023 Class A Common Stock 1.28M $0.00 See footnote F7, F8
holding IOT Class B Common Stock 790K May 23, 2023 Class A Common Stock 790K $0.00 See footnote F7, F9
holding IOT Class B Common Stock 17.3M May 23, 2023 Class A Common Stock 17.3M $0.00 See footnote F7, F10
holding IOT Class B Common Stock 790K May 23, 2023 Class A Common Stock 790K $0.00 See footnote F7, F11
holding IOT Class B Common Stock 1.29M May 23, 2023 Class A Common Stock 1.29M $0.00 See footnote F7, F12
holding IOT Class B Common Stock 4.47M May 23, 2023 Class A Common Stock 4.47M $0.00 See footnote F7, F13
holding IOT Class B Common Stock 250K May 23, 2023 Class A Common Stock 250K $0.00 See footnote F7, F14
holding IOT Class B Common Stock 250K May 23, 2023 Class A Common Stock 250K $0.00 See footnote F7, F15
holding IOT Class B Common Stock 250K May 23, 2023 Class A Common Stock 250K $0.00 See footnote F7, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of shares of Class B Common Stock held of record by the Reporting Person into shares of Class A Common Stock.
F2 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.
F3 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).
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 $19.74 to $20.50, 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 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 $18.66 to $19.35, 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.
F6 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.
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