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

Reporting owner
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Issuer context
Transaction snapshot
SEC evidence
Form type
4
Filing time
24 Jul 2024, 16:40:55 UTC
Previous filing
18 Jul 2024
Next filing
01 Aug 2024
SEC filing
View on sec.gov

Key filing fact

John Bicket filed Form 4 for Samsara Inc. (IOT) on 24 Jul 2024.

Key facts

  • This page summarizes John Bicket's Form 4 filing for Samsara Inc. (IOT).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Filing timestamp: 24 Jul 2024, 16:40.

Change

  • Previous filing in this sequence was filed on 18 Jul 2024.
  • Current net transaction value: -$3,641,948.

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.

See Original Filing

Reported transactions

IOT transaction

Class A Common Stock

Sale

Transaction value
$2,538,273
Shares
-66,797
Change %
-4.1%
Price
$38.00
Shares after
1,573,243
Date
23 Jul 2024
Ownership
See footnote
Footnotes
F1, F2, F3
IOT transaction

Class A Common Stock

Sale

Transaction value
$619,749
Shares
-16,128
Change %
-1%
Price
$38.43
Shares after
1,557,115
Date
23 Jul 2024
Ownership
See footnote
Footnotes
F1, F3, F4
IOT transaction

Class A Common Stock

Sale

Transaction value
$483,927
Shares
-13,075
Change %
-0.84%
Price
$37.01
Shares after
1,544,040
Date
24 Jul 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
386,796
Date
23 Jul 2024
Ownership
Direct
Footnotes
F6
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
115,200
Date
23 Jul 2024
Ownership
See footnote
Footnotes
F7
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
460,800
Date
23 Jul 2024
Ownership
See footnote
Footnotes
F8
* indicates a reported price that failed the local validity check.

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 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").
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 $37.22 to $38.20, 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.
F3 Consists of shares held 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 $38.22 to $38.68, 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 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 $36.795 to $37.40, 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.
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.
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.
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.

Remarks:

Executive Vice President, Chief Technology Officer

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