Sanjit Biswas - 17 Jan 2025 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas
Issuer symbol
IOT
Transactions as of
17 Jan 2025
Net transactions value
-$6,816,956
Form type
4
Filing time
22 Jan 2025, 17:54:01 UTC
Previous filing
17 Jan 2025
Next filing
24 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Sale $433,756 -9,395 -19% $46.17 40,821 17 Jan 2025 See footnote F1, F2, F3
transaction IOT Class A Common Stock Sale $398,346 -8,538 -21% $46.66 32,283 17 Jan 2025 See footnote F1, F3, F4
transaction IOT Class A Common Stock Sale $459,061 -9,939 -20% $46.19 40,262 17 Jan 2025 See footnote F1, F5, F6
transaction IOT Class A Common Stock Sale $379,998 -8,145 -20% $46.65 32,117 17 Jan 2025 See footnote F1, F6, F7
transaction IOT Class A Common Stock Sale $405,120 -8,781 -18% $46.14 41,072 17 Jan 2025 See footnote F1, F8, F9
transaction IOT Class A Common Stock Sale $433,697 -9,298 -23% $46.64 31,774 17 Jan 2025 See footnote F1, F9, F10
transaction IOT Class A Common Stock Sale $374,480 -8,122 -16% $46.11 41,513 17 Jan 2025 See footnote F1, F11, F12
transaction IOT Class A Common Stock Sale $459,705 -9,859 -24% $46.63 31,654 17 Jan 2025 See footnote F1, F12, F13
transaction IOT Class A Common Stock Sale $520,297 -11,086 -34% $46.93 21,197 21 Jan 2025 See footnote F1, F3, F14
transaction IOT Class A Common Stock Sale $344,736 -7,290 -34% $47.29 13,907 21 Jan 2025 See footnote F1, F3, F15
transaction IOT Class A Common Stock Sale $429,432 -9,157 -29% $46.90 22,960 21 Jan 2025 See footnote F1, F6, F16
transaction IOT Class A Common Stock Sale $441,424 -9,338 -41% $47.27 13,622 21 Jan 2025 See footnote F3, F6, F17
transaction IOT Class A Common Stock Sale $506,255 -10,786 -34% $46.94 20,988 21 Jan 2025 See footnote F1, F9, F18
transaction IOT Class A Common Stock Sale $366,773 -7,757 -37% $47.28 13,231 21 Jan 2025 See footnote F1, F9, F15
transaction IOT Class A Common Stock Sale $487,155 -10,382 -33% $46.92 21,272 21 Jan 2025 See footnote F1, F12, F19
transaction IOT Class A Common Stock Sale $376,720 -7,966 -37% $47.29 13,306 21 Jan 2025 See footnote F1, F12, F15
transaction IOT Class A Common Stock Conversion of derivative security $0 +144,000 $0.000000 144,000 21 Jan 2025 See footnote F20
transaction IOT Class A Common Stock Conversion of derivative security $0 +648,000 $0.000000 648,000 21 Jan 2025 See footnote F21
holding IOT Class A Common Stock 1,175,569 17 Jan 2025 Direct F22
holding IOT Class A Common Stock 1,825,848 17 Jan 2025 See footnote F23

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 -144,000 -3.7% $0.000000 3,774,971 21 Jan 2025 Class A Common Stock 144,000 $0.000000 See footnote F20, F24
transaction IOT Class B Common Stock Conversion of derivative security $0 -648,000 -4% $0.000000 15,715,564 21 Jan 2025 Class A Common Stock 648,000 $0.000000 See footnote F21, F24
holding IOT Class B Common Stock 77,723,398 17 Jan 2025 Class A Common Stock 77,723,398 $0.000000 See footnote F23, F24
holding IOT Class B Common Stock 663,619 17 Jan 2025 Class A Common Stock 663,619 $0.000000 See footnote F24, F25
holding IOT Class B Common Stock 1,286,597 17 Jan 2025 Class A Common Stock 1,286,597 $0.000000 See footnote F24, F26
holding IOT Class B Common Stock 663,619 17 Jan 2025 Class A Common Stock 663,619 $0.000000 See footnote F24, F27
holding IOT Class B Common Stock 126,709 17 Jan 2025 Class A Common Stock 126,709 $0.000000 See footnote F24, F28
holding IOT Class B Common Stock 126,709 17 Jan 2025 Class A Common Stock 126,709 $0.000000 See footnote F24, F29
* 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 30, 2024 by Jordan Park Trust Company LLC, Trustee, by Courtney J. Maloney as Trust Officer.
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 $45.55 to $46.54, 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-A u/a/d 11/11/2021, over which the Reporting Person has voting or investment power.
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 $46.55 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.
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 $45.55 to $46.545, 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 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 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 $46.55 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.
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 $45.50 to $46.4975, 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 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.
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 $46.51 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.
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 $45.48 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.
F12 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.
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 $46.48 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.
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 $46.17 to $47.165, 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.
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 $47.17 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.
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 $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.
F17 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 $47.605, 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.
F18 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 $46.17 to $47.16, 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.
F19 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 $46.17 to $47.165, 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.
F20 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.
F21 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.
F22 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.
F23 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.
F24 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.
F25 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.
F26 Consists of shares held by the Reporting Person's spouse.
F27 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.
F28 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.
F29 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.