Sanjit Biswas - Nov 5, 2024 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas
Stock symbol
IOT
Transactions as of
Nov 5, 2024
Transactions value $
-$4,618,055
Form type
4
Date filed
11/7/2024, 06:24 PM
Previous filing
Oct 31, 2024
Next filing
Nov 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Sale -$299K -6.42K -11.14% $46.63 51.2K Nov 5, 2024 See footnote F1, F2, F3
transaction IOT Class A Common Stock Sale -$326K -6.8K -13.29% $47.92 44.4K Nov 5, 2024 See footnote F1, F3, F4
transaction IOT Class A Common Stock Sale -$150K -3.11K -7.01% $48.28 41.3K Nov 5, 2024 See footnote F1, F3, F5
transaction IOT Class A Common Stock Sale -$866K -18.6K -8.06% $46.62 212K Nov 5, 2024 See footnote F1, F6, F7
transaction IOT Class A Common Stock Sale -$741K -15.5K -7.32% $47.83 196K Nov 5, 2024 See footnote F1, F7, F8
transaction IOT Class A Common Stock Sale -$666K -13.8K -7.03% $48.26 183K Nov 5, 2024 See footnote F1, F7, F9
transaction IOT Class A Common Stock Sale -$133K -2.69K -6.52% $49.39 38.6K Nov 6, 2024 See footnote F1, F3, F10
transaction IOT Class A Common Stock Sale -$8.98K -180 -0.47% $49.90 38.4K Nov 6, 2024 See footnote F1, F3
transaction IOT Class A Common Stock Sale -$1.37M -27.8K -15.24% $49.33 155K Nov 6, 2024 See footnote F1, F7, F11
transaction IOT Class A Common Stock Sale -$56.1K -1.13K -0.73% $49.85 154K Nov 6, 2024 See footnote F1, F7, F12
holding IOT Class A Common Stock 1.43M Nov 5, 2024 Direct F13
holding IOT Class A Common Stock 388K Nov 5, 2024 See footnote F14
* 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 by the Biswas Trust I (as defined below) and the Biswas Trust II (as defined below) on September 29, 2023.
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 $46.22 to $47.195, 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 Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which the Reporting Person has voting or investment power (the "Biswas Trust I").
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 $47.23 to $48.21, 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 range 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 $48.23 to $48.48, 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 $46.165 to $47.145, 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 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which the Reporting Person has voting or investment power (the "Biswas Trust II").
F8 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 $47.19 to $48.185, 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.
F9 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 $48.19 to $48.49, 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.
F10 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 $48.815 to $49.80, 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.
F11 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 $48.79 to $49.78, 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.
F12 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 $49.79 to $49.90, 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.
F13 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.
F14 Consists of shares held by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which the Reporting Person has voting or investment power.