John Bicket - 13 Aug 2024 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Issuer symbol
IOT
Transactions as of
13 Aug 2024
Net transactions value
-$3,811,008
Form type
4
Filing time
15 Aug 2024, 16:48:49 UTC
Previous filing
08 Aug 2024
Next filing
22 Aug 2024

Key filing fact

John Bicket filed Form 4 for Samsara Inc. (IOT) on 15 Aug 2024.

Key facts

  • This page summarizes John Bicket's Form 4 filing for Samsara Inc. (IOT).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Filing timestamp: 15 Aug 2024, 16:48.

Change

  • Previous filing in this sequence was filed on 08 Aug 2024.
  • Current net transaction value: -$3,811,008.

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

Transactions Table

IOT transaction

Class A Common Stock

Sale

Transaction value
$525,762
Shares
-13,441
Change %
-0.93%
Price
$39.12
Shares after
1,434,599
Date
13 Aug 2024
Ownership
See footnote
Footnotes
F1, F2, F3
IOT transaction

Class A Common Stock

Sale

Transaction value
$3,285,246
Shares
-82,559
Change %
-5.8%
Price
$39.79
Shares after
1,352,040
Date
13 Aug 2024
Ownership
See footnote
Footnotes
F1, F3, F4
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
386,796
Date
13 Aug 2024
Ownership
Direct
Footnotes
F5
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
96,000
Date
13 Aug 2024
Ownership
See footnote
Footnotes
F6
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
384,000
Date
13 Aug 2024
Ownership
See footnote
Footnotes
F7
* 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 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 $38.325 to $39.32, 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 $39.325 to $40.14, 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 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.
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.

Remarks:

Executive Vice President, Chief Technology Officer

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