John Bicket - 29 Oct 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: 29 Oct 2024
Net transactions value: -$4,703,032
Form type: 4
Filing time: 31 Oct 2024, 19:28:55 UTC
Previous filing: 24 Oct 2024
Next filing: 07 Nov 2024
SEC: View on sec.gov

Key filing fact

John Bicket filed Form 4 for Samsara Inc. (IOT) on 31 Oct 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.
Filing timestamp: 31 Oct 2024, 19:28.

Change

Previous filing in this sequence was filed on 24 Oct 2024.
Current net transaction value: -$4,703,032.

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: $339,858
Shares: -7,059
Change %: -0.92%
Price: $48.15
Shares after: 756,561
Date: 29 Oct 2024
Ownership: See footnote
Footnotes: F1, F2, F3

IOT transaction

Class A Common Stock

Sale

Transaction value: $1,745,123
Shares: -35,883
Change %: -4.7%
Price: $48.63
Shares after: 720,678
Date: 29 Oct 2024
Ownership: See footnote
Footnotes: F1, F3, F4

IOT transaction

Class A Common Stock

Sale

Transaction value: $1,812,335
Shares: -36,793
Change %: -5.1%
Price: $49.26
Shares after: 683,885
Date: 30 Oct 2024
Ownership: See footnote
Footnotes: F1, F3, F5

IOT transaction

Class A Common Stock

Sale

Transaction value: $805,716
Shares: -16,265
Change %: -2.4%
Price: $49.54
Shares after: 667,620
Date: 30 Oct 2024
Ownership: See footnote
Footnotes: F1, F3, F6

IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 359,780
Date: 29 Oct 2024
Ownership: Direct
Footnotes: F7

IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 57,600
Date: 29 Oct 2024
Ownership: See footnote
Footnotes: F8

IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 230,400
Date: 29 Oct 2024
Ownership: See footnote
Footnotes: F9

An asterisk next to the price means the reported 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 $47.46 to $48.45, 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 $48.46 to $48.91, 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 $48.44 to $49.435, 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	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 $49.44 to $49.74, 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.
F7	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.
F8	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.
F9	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