John Bicket - 04 Jun 2024 Form 4 Insider Report for Samsara Inc. (IOT)

Reporting relationship: Executive Vice President, Chief Technology Officer, Director, 10%+ Owner
Issuer ticker: IOT
Reported as of: 04 Jun 2024
Net transaction value: -$3,210,557
SEC form: 4
Accepted by SEC: 06 Jun 2024, 18:18:29 UTC
Prior SEC filing: 30 May 2024
Next SEC filing: 13 Jun 2024
Source filing: View source filing
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 06 Jun 2024.

Key facts

This page summarizes John Bicket's Form 4 filing for Samsara Inc. (IOT).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 06 Jun 2024, 18:18.

Change

Previous filing in this sequence was filed on 30 May 2024.
Current net transaction value: -$3,210,557.

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: $629,745
Shares: -18,830
Change %: -12%
Price: $33.44
Shares after: 134,770
Date: 04 Jun 2024
Ownership: See footnote
Footnotes: F1, F2, F3

IOT transaction

Class A Common Stock

Sale

Transaction value: $12,608
Shares: -370
Change %: -0.27%
Price: $34.07
Shares after: 134,400
Date: 04 Jun 2024
Ownership: See footnote
Footnotes: F1, F3, F4

IOT transaction

Class A Common Stock

Sale

Transaction value: $2,520,479
Shares: -75,400
Change %: -12%
Price: $33.43
Shares after: 539,000
Date: 04 Jun 2024
Ownership: See footnote
Footnotes: F1, F5, F6

IOT transaction

Class A Common Stock

Sale

Transaction value: $47,725
Shares: -1,400
Change %: -0.26%
Price: $34.09
Shares after: 537,600
Date: 04 Jun 2024
Ownership: See footnote
Footnotes: F1, F6, F7

IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 413,810
Date: 04 Jun 2024
Ownership: Direct
Footnotes: F8

IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,940,462
Date: 04 Jun 2024
Ownership: See footnote
Footnotes: F9

^* 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 9 footnotes

Footnote F1

The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Bicket-Dobson Trust I (as defined below) and the Bicket-Dobson Trust II (as defined below) on September 29, 2023.

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 $33.01 to $34.00, 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 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 (the "Bicket-Dobson Trust I").

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 $34.055 to $34.10, 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 $33.01 to $33.99, 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

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 ("the Bicket-Dobson Trust II").

Footnote F7

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 $34.01 to $34.17, 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 F8

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 F9

Consists of shares held 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.

SEC remarks

Executive Vice President, Chief Technology Officer