John Bicket - Dec 20, 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
Dec 20, 2023
Transactions value $
-$2,824,035
Form type
4
Date filed
12/21/2023, 09:04 PM
Previous filing
Dec 19, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Sale -$1.4M -42.2K -16.83% $33.26 208K Dec 20, 2023 See footnote F1, F2, F3, F4
transaction IOT Class A Common Stock Sale -$1.42M -41.8K -20.08% $33.99 166K Dec 20, 2023 See footnote F1, F4, F5
transaction IOT Class A Common Stock Conversion of derivative security $0 +746K +448.3% $0.00 913K Dec 21, 2023 See footnote F4
transaction IOT Class A Common Stock Gift $0 -746K -81.76% $0.00 166K Dec 21, 2023 See footnote F4
holding IOT Class A Common Stock 274K Dec 20, 2023 Direct F3, 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 -746K -0.9% $0.00 82.4M Dec 21, 2023 Class A Common Stock 746K $0.00 See footnote F4, F7
holding IOT Class B Common Stock 1.28M Dec 20, 2023 Class A Common Stock 1.28M $0.00 See footnote F7, F8
holding IOT Class B Common Stock 790K Dec 20, 2023 Class A Common Stock 790K $0.00 See footnote F7, F9
holding IOT Class B Common Stock 17.3M Dec 20, 2023 Class A Common Stock 17.3M $0.00 See footnote F7, F10
holding IOT Class B Common Stock 790K Dec 20, 2023 Class A Common Stock 790K $0.00 See footnote F7, F11
holding IOT Class B Common Stock 1.29M Dec 20, 2023 Class A Common Stock 1.29M $0.00 See footnote F7, F12
holding IOT Class B Common Stock 4.47M Dec 20, 2023 Class A Common Stock 4.47M $0.00 See footnote F7, F13
holding IOT Class B Common Stock 250K Dec 20, 2023 Class A Common Stock 250K $0.00 See footnote F7, F14
holding IOT Class B Common Stock 250K Dec 20, 2023 Class A Common Stock 250K $0.00 See footnote F7, F15
holding IOT Class B Common Stock 250K Dec 20, 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 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).
F2 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 $32.76 to $33.755, 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.
F3 The number of shares held reflects the transfer of 166,614 shares of Class A Common Stock from the Reporting Person to 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 (the "Bicket Revocable Trust").
F4 Consists of shares held by the Bicket Revocable Trust.
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 $33.76 to $34.24, 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 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