Ann M. Livermore - 15 Sep 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Director
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Ann M. Livermore
Issuer symbol
IOT
Transactions as of
15 Sep 2023
Net transactions value
$0
Form type
4
Filing time
19 Sep 2023, 17:28:37 UTC
Previous filing
30 Jun 2023
Next filing
19 Dec 2023

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 -12,500 -12% $0.000000 87,501 15 Sep 2023 Class B Common Stock 12,500 Direct F1, F2, F3
transaction IOT Class B Common Stock Options Exercise $0 +12,500 +13% $0.000000 112,499 15 Sep 2023 Class A Common Stock 12,500 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares represent restricted stock units, or RSUs, of which 12,500 shares vested on September 15, 2023 and the remaining shares vest in quarterly installments through June 15, 2025.
F2 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
F3 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.