John Bicket - 17 Jun 2024 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Executive Vice President, Chief Technology Officer, Director, 10%+ Owner
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Issuer symbol
IOT
Transactions as of
17 Jun 2024
Net transactions value
-$2,828,976
Form type
4
Filing time
20 Jun 2024, 19:27:40 UTC
Previous filing
13 Jun 2024
Next filing
26 Jun 2024
SEC
View on sec.gov

Quoteable Key Fact

"John Bicket filed Form 4 for Samsara Inc. (IOT) on 20 Jun 2024."

Quick Takeaways

  • This page summarizes John Bicket's Form 4 filing for Samsara Inc. (IOT).
  • 5 reported transactions and 15 derivative rows are listed below.
  • Filing timestamp: 20 Jun 2024, 19:27.

What Changed

  • Previous filing in this sequence was filed on 13 Jun 2024.
  • Current net transaction value: -$2,828,976.

Why This Matters

  • 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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

IOT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+152,564
Change %
+65%
Price
$0.000000
Shares after
386,796
Date
17 Jun 2024
Ownership
Direct
Footnotes
F1, F2
IOT transaction

Class A Common Stock

Sale

Transaction value
$2,828,976
Shares
-96,000
Change %
-4.7%
Price
$29.47
Shares after
1,928,040
Date
20 Jun 2024
Ownership
See footnote
Footnotes
F1, F3, F4, F5
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
134,400
Date
17 Jun 2024
Ownership
See footnote
Footnotes
F6
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
537,600
Date
17 Jun 2024
Ownership
See footnote
Footnotes
F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

IOT transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$0
Shares
-152,564
Change %
-43%
Price
$0.000000
Shares after
203,419
Date
17 Jun 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
152,564
Exercise price
Footnotes
F8, F9, F10
IOT transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$0
Shares
+152,564
Change %
Price
$0.000000
Shares after
152,564
Date
17 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
152,564
Exercise price
$0.000000
Footnotes
F10
IOT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-152,564
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
152,564
Exercise price
$0.000000
Footnotes
F10
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
78,730,001
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
78,730,001
Exercise price
$0.000000
Footnotes
F5, F10
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,283,986
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
1,283,986
Exercise price
$0.000000
Footnotes
F10, F11
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
663,619
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
663,619
Exercise price
$0.000000
Footnotes
F10, F12
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16,313,764
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
16,313,764
Exercise price
$0.000000
Footnotes
F7, F10
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
663,619
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
663,619
Exercise price
$0.000000
Footnotes
F10, F13
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,286,597
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
1,286,597
Exercise price
$0.000000
Footnotes
F10, F14
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,217,164
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
4,217,164
Exercise price
$0.000000
Footnotes
F6, F10
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F10, F15
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F10, F16
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250,000
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
$0.000000
Footnotes
F10, F17
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
126,709
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
126,709
Exercise price
$0.000000
Footnotes
F10, F18
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
126,709
Date
17 Jun 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
126,709
Exercise price
$0.000000
Footnotes
F10, F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The number of shares held reflects the transfer of 179,578 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").
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 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2023 by the Bicket Revocable Trust.
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 $29.10 to $30.095, 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.
F5 Consists of shares held by the Bicket Revocable Trust.
F6 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.
F7 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.
F8 The reported shares represent RSUs, of which 152,564 shares vested on June 17, 2024 and the remaining shares vest in quarterly installments through December 15, 2024.
F9 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F10 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.
F11 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.
F12 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.
F13 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.
F14 Consists of shares held by the Reporting Person's spouse.
F15 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.
F16 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.
F17 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.
F18 Consists of shares held by 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.
F19 Consists of shares held by CBD, Trustee of the CBD 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer

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