John Bicket - 14 May 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
16 May 2024, 19:51:56 UTC
Prior SEC filing
09 May 2024
Next SEC filing
23 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 16 May 2024.

Key facts

  • This page summarizes John Bicket's Form 4 filing for Samsara Inc. (IOT).
  • 3 reported transactions and 13 derivative rows are listed below.
  • Accepted by SEC: 16 May 2024, 19:51.

Change

  • Previous filing in this sequence was filed on 09 May 2024.
  • Current net transaction value: -$3,832,509.

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
$3,459,297
Shares
-86,742
Change %
-3.9%
Price
$39.88
Shares after
2,141,720
Date
14 May 2024
Ownership
See footnote
Footnotes
F1, F2, F3
IOT transaction

Class A Common Stock

Sale

Transaction value
$42,260
Shares
-1,042
Change %
-0.05%
Price
$40.56
Shares after
2,140,678
Date
14 May 2024
Ownership
See footnote
Footnotes
F1, F3, F4
IOT transaction

Class A Common Stock

Sale

Transaction value
$330,952
Shares
-8,216
Change %
-0.38%
Price
$40.28
Shares after
2,132,462
Date
15 May 2024
Ownership
See footnote
Footnotes
F1, F3, F5
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
413,810
Date
14 May 2024
Ownership
Direct
Footnotes
F6
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
153,600
Date
14 May 2024
Ownership
See footnote
Footnotes
F7
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
614,400
Date
14 May 2024
Ownership
See footnote
Footnotes
F8

Reported derivative securities

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

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
78,730,001
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
78,730,001
Exercise price
$0.000000
Footnotes
F3, F9
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,217,164
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
4,217,164
Exercise price
$0.000000
Footnotes
F7, F9
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16,313,764
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
16,313,764
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
1,283,986
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
1,283,986
Exercise price
$0.000000
Footnotes
F9, F10, F11, F12
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
663,619
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
663,619
Exercise price
$0.000000
Footnotes
F9, F13, F14
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
663,619
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
663,619
Exercise price
$0.000000
Footnotes
F9, F15, F16
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,286,597
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
1,286,597
Exercise price
$0.000000
Footnotes
F9, F17
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F9, F18
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F9, F19
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F9, F20
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
126,709
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
126,709
Exercise price
$0.000000
Footnotes
F9, F21
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
126,709
Date
14 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
126,709
Exercise price
$0.000000
Footnotes
F9, F22
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
355,983
Date
14 May 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
355,983
Exercise price
Footnotes
F9, F23, F24
* 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 24 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 $39.505 to $40.50, 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.

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 $40.53 to $40.61, 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

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 $40.00 to $40.62, 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 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.

Footnote F7

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 F8

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 F9

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 F10

The number of shares held reflects the transfer, on May 15, 2024, of (i) 126,709 shares of Class B Common Stock from 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 (the "JB 2023 Annuity Trust"), to John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/2020, over which the Reporting Person has voting or investment power (the "Bicket-Dobson Revocable Trust"), (ii) 126,709 shares of Class B Common Stock from CBD, Trustee of the CBD 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power (the "CBD 2023 Annuity Trust"), to the Bicket-Dobson Revocable Trust, (iii) 126,709 shares of Class B Common Stock from the Bicket-Dobson Revocable Trust to John C. Bicket, Trustee of The John C. Bicket 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power (the "JB 2024 Annuity Trust"),

Footnote F11

(continuation from footnote (10)) and (iv) 126,709 shares of Class B Common Stock from the Bicket-Dobson Revocable Trust to CBD, Trustee of the CBD 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power (the "CBD 2024 Annuity Trust").

Footnote F12

Consists of shares held by the Bicket-Dobson Revocable Trust.

Footnote F13

The number of shares held reflects the transfer, on May 15, 2024, of 126,709 shares of Class B Common Stock from the JB 2023 Annuity Trust to the Bicket-Dobson Revocable Trust.

Footnote F14

Consists of shares held by the JB 2023 Annuity Trust.

Footnote F15

The number of shares held reflects the transfer, on May 15, 2024, of 126,709 shares of Class B Common Stock from the CBD 2023 Annuity Trust to the Bicket-Dobson Revocable Trust.

Footnote F16

Consists of shares held by the CBD 2023 Annuity Trust.

Footnote F17

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

Footnote F18

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 F19

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 F20

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 F21

Consists of shares held by the JB 2024 Annuity Trust.

Footnote F22

Consists of shares held by the CBD 2024 Annuity Trust.

Footnote F23

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 F24

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

SEC remarks

Executive Vice President, Chief Technology Officer

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