Sanjit Biswas - Mar 15, 2024 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
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 08:20 PM
Previous filing
Mar 13, 2024
Next filing
Mar 21, 2024

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 +127K +8.03% $0.00 1.7M Mar 15, 2024 Direct F1, F2
holding IOT Class A Common Stock 540K Mar 15, 2024 See footnote F1, F3
holding IOT Class A Common Stock 19.2K Mar 15, 2024 See footnote F4
holding IOT Class A Common Stock 76.8K Mar 15, 2024 See footnote F5

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 -127K -30% $0.00 295K Mar 15, 2024 Class B Common Stock 127K Direct F6, F7, F8
transaction IOT Class B Common Stock Options Exercise $0 +127K $0.00 127K Mar 15, 2024 Class A Common Stock 127K $0.00 Direct F8
transaction IOT Class B Common Stock Conversion of derivative security $0 -127K -100% $0.00* 0 Mar 15, 2024 Class A Common Stock 127K $0.00 Direct F8
holding IOT Class B Common Stock 82.5M Mar 15, 2024 Class A Common Stock 82.5M $0.00 See footnote F3, F8
holding IOT Class B Common Stock 4.08M Mar 15, 2024 Class A Common Stock 4.08M $0.00 See footnote F4, F8
holding IOT Class B Common Stock 17M Mar 15, 2024 Class A Common Stock 17M $0.00 See footnote F5, F8
holding IOT Class B Common Stock 790K Mar 15, 2024 Class A Common Stock 790K $0.00 See footnote F8, F9
holding IOT Class B Common Stock 250K Mar 15, 2024 Class A Common Stock 250K $0.00 See footnote F8, F10
holding IOT Class B Common Stock 250K Mar 15, 2024 Class A Common Stock 250K $0.00 See footnote F8, F11
holding IOT Class B Common Stock 250K Mar 15, 2024 Class A Common Stock 250K $0.00 See footnote F8, F12
holding IOT Class B Common Stock 250K Mar 15, 2024 Class A Common Stock 250K $0.00 See footnote F8, F13
holding IOT Class B Common Stock 1.29M Mar 15, 2024 Class A Common Stock 1.29M $0.00 See footnote F8, F14
holding IOT Class B Common Stock 790K Mar 15, 2024 Class A Common Stock 790K $0.00 See footnote F8, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares held reflects the transfer of 265,586 shares of Class A Common Stock from the Reporting Person to 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 (the "Biswas Family Trust").
F2 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.
F3 Consists of shares held by the Biswas Family Trust.
F4 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.
F5 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.
F6 The reported shares represent RSUs, of which 126,628 shares vested on March 15, 2024 and the remaining shares vest in quarterly installments through December 15, 2024.
F7 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 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.
F14 Consists of shares held by the Reporting Person's spouse.
F15 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.