John Bicket - 17 Jan 2025 Form 4 Insider Report for Samsara Inc. (IOT)

Reporting relationship: Executive Vice President, Chief Technology Officer, Director, 10%+ Owner
Issuer ticker: IOT
Reported as of: 17 Jan 2025
Net transaction value: -$5,114,684
SEC form: 4
Accepted by SEC: 22 Jan 2025, 17:52:28 UTC
Prior SEC filing: 17 Jan 2025
Next SEC filing: 24 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket

Key filing fact

John Bicket filed Form 4 for Samsara Inc. (IOT) on 22 Jan 2025.

Key facts

This page summarizes John Bicket's Form 4 filing for Samsara Inc. (IOT).
16 reported transactions and 9 derivative rows are listed below.
Accepted by SEC: 22 Jan 2025, 17:52.

Change

Previous filing in this sequence was filed on 17 Jan 2025.
Current net transaction value: -$5,114,684.

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.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IOT transaction

Class A Common Stock

Sale

Transaction value: $377,885
Shares: -8,194
Change %: -16%
Price: $46.12
Shares after: 41,829
Date: 17 Jan 2025
Ownership: See footnote
Footnotes: F1, F2, F3

IOT transaction

Class A Common Stock

Sale

Transaction value: $458,109
Shares: -9,823
Change %: -23%
Price: $46.64
Shares after: 32,006
Date: 17 Jan 2025
Ownership: See footnote
Footnotes: F1, F3, F4

IOT transaction

Class A Common Stock

Sale

Transaction value: $343,219
Shares: -7,452
Change %: -15%
Price: $46.06
Shares after: 42,635
Date: 17 Jan 2025
Ownership: See footnote
Footnotes: F1, F5, F6

IOT transaction

Class A Common Stock

Sale

Transaction value: $501,245
Shares: -10,750
Change %: -25%
Price: $46.63
Shares after: 31,885
Date: 17 Jan 2025
Ownership: See footnote
Footnotes: F1, F6, F7

IOT transaction

Class A Common Stock

Sale

Transaction value: $365,959
Shares: -7,939
Change %: -16%
Price: $46.10
Shares after: 41,607
Date: 17 Jan 2025
Ownership: See footnote
Footnotes: F1, F8, F9

IOT transaction

Class A Common Stock

Sale

Transaction value: $466,546
Shares: -10,006
Change %: -24%
Price: $46.63
Shares after: 31,601
Date: 17 Jan 2025
Ownership: See footnote
Footnotes: F1, F9, F10

IOT transaction

Class A Common Stock

Sale

Transaction value: $456,314
Shares: -9,728
Change %: -30%
Price: $46.91
Shares after: 22,278
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F1, F3, F11

IOT transaction

Class A Common Stock

Sale

Transaction value: $415,327
Shares: -8,786
Change %: -39%
Price: $47.27
Shares after: 13,492
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F1, F3, F12

IOT transaction

Class A Common Stock

Sale

Transaction value: $453,434
Shares: -9,668
Change %: -30%
Price: $46.90
Shares after: 22,217
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F1, F6, F13

IOT transaction

Class A Common Stock

Sale

Transaction value: $412,264
Shares: -8,721
Change %: -39%
Price: $47.27
Shares after: 13,496
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F3, F6, F14

IOT transaction

Class A Common Stock

Sale

Transaction value: $445,755
Shares: -9,501
Change %: -30%
Price: $46.92
Shares after: 22,100
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F1, F9, F15

IOT transaction

Class A Common Stock

Sale

Transaction value: $418,627
Shares: -8,856
Change %: -40%
Price: $47.27
Shares after: 13,244
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F1, F9, F16

IOT transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +144,000
Change %
Price: $0.000000
Shares after: 144,000
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F17

IOT transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +648,000
Change %
Price: $0.000000
Shares after: 648,000
Date: 21 Jan 2025
Ownership: See footnote
Footnotes: F18

IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 302,255
Date: 17 Jan 2025
Ownership: Direct
Footnotes: F19

IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,363,559
Date: 17 Jan 2025
Ownership: See footnote
Footnotes: F20

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IOT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -144,000
Change %: -3.4%
Price: $0.000000
Shares after: 4,086,364
Date: 21 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 144,000
Exercise price: $0.000000
Footnotes: F17, F21

IOT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -648,000
Change %: -4%
Price: $0.000000
Shares after: 15,715,564
Date: 21 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 648,000
Exercise price: $0.000000
Footnotes: F18, F21

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 76,614,776
Date: 17 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 76,614,776
Exercise price: $0.000000
Footnotes: F20, F21

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,283,986
Date: 17 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 1,283,986
Exercise price: $0.000000
Footnotes: F21, F22

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 663,619
Date: 17 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 663,619
Exercise price: $0.000000
Footnotes: F21, F23

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 663,619
Date: 17 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 663,619
Exercise price: $0.000000
Footnotes: F21, F24

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,286,597
Date: 17 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 1,286,597
Exercise price: $0.000000
Footnotes: F21, F25

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 126,709
Date: 17 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 126,709
Exercise price: $0.000000
Footnotes: F21, F26

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 126,709
Date: 17 Jan 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 126,709
Exercise price: $0.000000
Footnotes: F21, F27

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 27 footnotes

Footnote F1

The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024 by Jordan Park Trust Company LLC, Trustee, by Courtney J. Maloney as Trust Officer.

Footnote 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 $45.495 to $46.49, 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.

Footnote F3

Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo ACDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

Footnote 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 $46.495 to $46.85, 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.

Footnote 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 $45.465 to $46.46, 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.

Footnote F6

Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo JCDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

Footnote F7

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 $46.47 to $46.855, 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.

Footnote 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 $45.48 to $46.465, 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.

Footnote F9

Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

Footnote 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 $46.48 to $46.85, 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.

Footnote 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 $46.14 to $47.135, 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.

Footnote 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 $47.14 to $47.605, 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.

Footnote F13

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 $46.135 to $47.13, 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.

Footnote F14

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 $47.135 to $47.695, 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.

Footnote F15

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 $46.145 to $47.14, 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.

Footnote F16

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 $47.145 to $47.605, 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.

Footnote F17

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.

Footnote F18

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.

Footnote F19

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.

Footnote F20

Consists of shares held 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.

Footnote F21

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.

Footnote F22

Consists of shares held by John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/20, over which the Reporting Person has voting or investment power.

Footnote F23

Consists of shares held by John C. Bicket, Trustee of the John C. Bicket 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.

Footnote F24

Consists of shares held by CBD, Trustee of the CBD 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.

Footnote F25

Consists of shares held by the Reporting Person's spouse.

Footnote F26

Consists of shares held by John C. Bicket, Trustee of The John C. Bicket 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power.

Footnote F27

Consists of shares held by CBD, Trustee of the CBD 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power.

SEC remarks

Executive Vice President, Chief Technology Officer