Sanjit Biswas - 17 Dec 2024 Form 4 Insider Report for Samsara Inc. (IOT)

Role
CHIEF EXECUTVE OFFICER, Director, 10%+ Owner
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas
Issuer symbol
IOT
Transactions as of
17 Dec 2024
Net transactions value
-$4,521,966
Form type
4
Filing time
19 Dec 2024, 17:40:20 UTC
Previous filing
18 Dec 2024
Next filing
30 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Sale $3,591,914 -76,432 -41% $46.99 108,622 17 Dec 2024 See footnote F1, F2, F3
transaction IOT Class A Common Stock Sale $930,051 -19,568 -18% $47.53 89,054 17 Dec 2024 See footnote F1, F3, F4
transaction IOT Class A Common Stock Conversion of derivative security $0 +2,267,960 +2547% $0.000000 2,357,014 17 Dec 2024 See footnote F3
transaction IOT Class A Common Stock Gift $0 -411,112 -17% $0.000000 1,945,902 17 Dec 2024 See footnote F3
transaction IOT Class A Common Stock Conversion of derivative security $0 +250,000 $0.000000 250,000 18 Dec 2024 See footnote F5
transaction IOT Class A Common Stock Conversion of derivative security $0 +250,000 $0.000000 250,000 18 Dec 2024 See footnote F6
transaction IOT Class A Common Stock Conversion of derivative security $0 +250,000 $0.000000 250,000 18 Dec 2024 See footnote F7
transaction IOT Class A Common Stock Conversion of derivative security $0 +250,000 $0.000000 250,000 18 Dec 2024 See footnote F8
holding IOT Class A Common Stock 1,286,515 17 Dec 2024 Direct F9
holding IOT Class A Common Stock 19,200 17 Dec 2024 See footnote F10
holding IOT Class A Common Stock 76,800 17 Dec 2024 See footnote F11

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IOT Class B Common Stock Conversion of derivative security $0 -2,267,960 -2.8% $0.000000 77,723,398 17 Dec 2024 Class A Common Stock 2,267,960 $0.000000 See footnote F3, F12
transaction IOT Class B Common Stock Conversion of derivative security $0 -250,000 -100% $0.000000 0 18 Dec 2024 Class A Common Stock 250,000 $0.000000 See footnote F5, F12
transaction IOT Class B Common Stock Conversion of derivative security $0 -250,000 -100% $0.000000 0 18 Dec 2024 Class A Common Stock 250,000 $0.000000 See footnote F6, F12
transaction IOT Class B Common Stock Conversion of derivative security $0 -250,000 -100% $0.000000 0 18 Dec 2024 Class A Common Stock 250,000 $0.000000 See footnote F7, F12
transaction IOT Class B Common Stock Conversion of derivative security $0 -250,000 -100% $0.000000 0 18 Dec 2024 Class A Common Stock 250,000 $0.000000 See footnote F8, F12
holding IOT Class B Common Stock 3,905,771 17 Dec 2024 Class A Common Stock 3,905,771 $0.000000 See footnote F10, F12
holding IOT Class B Common Stock 16,313,764 17 Dec 2024 Class A Common Stock 16,313,764 $0.000000 See footnote F11, F12
holding IOT Class B Common Stock 663,619 17 Dec 2024 Class A Common Stock 663,619 $0.000000 See footnote F12, F13
holding IOT Class B Common Stock 1,286,597 17 Dec 2024 Class A Common Stock 1,286,597 $0.000000 See footnote F12, F14
holding IOT Class B Common Stock 663,619 17 Dec 2024 Class A Common Stock 663,619 $0.000000 See footnote F12, F15
holding IOT Class B Common Stock 126,709 17 Dec 2024 Class A Common Stock 126,709 $0.000000 See footnote F12, F16
holding IOT Class B Common Stock 126,709 17 Dec 2024 Class A Common Stock 126,709 $0.000000 See footnote F12, F17
* 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 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 (the "Biswas Family 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 $46.375 to $47.37, 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 Biswas Family 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 $47.38 to $47.78, 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.
F5 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A u/a/d 11/11/2021, over which the Reporting Person has voting or investment power.
F6 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo REB u/a/d 11/11/2021, over which the Reporting Person has voting or investment power.
F7 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo NAmB u/a/d 11/11/2021, over which the Reporting Person has voting or investment power.
F8 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo NAlB u/a/d 11/11/2021, over which the Reporting Person has voting or investment power.
F9 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.
F10 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.
F11 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.
F12 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.
F13 Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2023 Annuity Trust u/a/d 1/16/2023, 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 HB, Trustee of the HB 2023 Annuity Trust u/a/d 1/16/2023, over which the Reporting Person has voting or investment power.
F16 Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person has voting or investment power.
F17 Consists of shares held by HB, Trustee of the HB 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person has voting or investment power.