John Bicket - 23 Apr 2024 Form 4 Insider Report for Samsara Inc. (IOT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Apr 2024, 18:25:31 UTC
Prior SEC filing
18 Apr 2024
Next SEC filing
02 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket

Key filing fact

John Bicket filed Form 4 for Samsara Inc. (IOT) on 25 Apr 2024.

Key facts

  • This page summarizes John Bicket's Form 4 filing for Samsara Inc. (IOT).
  • 8 reported transactions and 11 derivative rows are listed below.
  • Accepted by SEC: 25 Apr 2024, 18:25.

Change

  • Previous filing in this sequence was filed on 18 Apr 2024.
  • Current net transaction value: -$3,182,869.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IOT transaction

Class A Common Stock

Sale

Transaction value
$573,077
Shares
-17,654
Change %
-1.7%
Price
$32.46
Shares after
1,001,728
Date
23 Apr 2024
Ownership
See footnote
Footnotes
F1, F2, F3
IOT transaction

Class A Common Stock

Sale

Transaction value
$2,609,791
Shares
-78,346
Change %
-7.8%
Price
$33.31
Shares after
923,382
Date
23 Apr 2024
Ownership
See footnote
Footnotes
F1, F3, F4
IOT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+1,401,080
Change %
+152%
Price
$0.000000
Shares after
2,324,462
Date
24 Apr 2024
Ownership
See footnote
Footnotes
F3
IOT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+115,200
Change %
+200%
Price
$0.000000
Shares after
172,800
Date
24 Apr 2024
Ownership
See footnote
Footnotes
F5
IOT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+460,800
Change %
+200%
Price
$0.000000
Shares after
691,200
Date
24 Apr 2024
Ownership
See footnote
Footnotes
F6
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
413,810
Date
23 Apr 2024
Ownership
Direct
Footnotes
F7

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IOT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-1,401,080
Change %
-1.7%
Price
$0.000000
Shares after
78,730,001
Date
24 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
1,401,080
Exercise price
$0.000000
Footnotes
F3, F8
IOT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-115,200
Change %
-2.7%
Price
$0.000000
Shares after
4,217,164
Date
24 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
115,200
Exercise price
$0.000000
Footnotes
F5, F8
IOT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-460,800
Change %
-2.7%
Price
$0.000000
Shares after
16,313,764
Date
24 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
460,800
Exercise price
$0.000000
Footnotes
F6, F8
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,283,986
Date
23 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
1,283,986
Exercise price
$0.000000
Footnotes
F8, F9
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
790,328
Date
23 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
790,328
Exercise price
$0.000000
Footnotes
F8, F10
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
790,328
Date
23 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
790,328
Exercise price
$0.000000
Footnotes
F8, F11
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,286,597
Date
23 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
1,286,597
Exercise price
$0.000000
Footnotes
F8, F12
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
23 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F8, F13
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
23 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F8, F14
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
23 Apr 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F8, F15
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
355,983
Date
23 Apr 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
355,983
Exercise price
Footnotes
F8, F16, F17
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 17 footnotes

Footnote F1

The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2023 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 (the "Bicket Revocable Trust").

Footnote 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 $31.84 to $32.83, 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.

Footnote F3

Consists of shares held by the Bicket Revocable Trust.

Footnote 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 $32.84 to $33.76, 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.

Footnote F5

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.

Footnote F6

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.

Footnote F7

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.

Footnote 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.

Footnote F9

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.

Footnote F10

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.

Footnote 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.

Footnote F12

Consists of shares held by the Reporting Person's spouse.

Footnote F13

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.

Footnote F14

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.

Footnote F15

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.

Footnote F16

The reported shares represent RSUs, of which 152,564 shares shall vest on June 15, 2024 and the remaining shares vest in quarterly installments through December 15, 2024

Footnote F17

Each RSU represents a contingent right to receive one share of Class B Common Stock.

SEC remarks

Executive Vice President, Chief Technology Officer

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .