Marc L. Andreessen - 10 Mar 2025 Form 4 Insider Report for Samsara Inc. (IOT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Mar 2025, 17:24:50 UTC
Prior SEC filing
11 Dec 2024
Next SEC filing
19 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Phil Hathaway, Attorney-in-Fact for Marc L. Andreessen

Key filing fact

Marc L. Andreessen filed Form 4 for Samsara Inc. (IOT) on 12 Mar 2025.

Key facts

  • This page summarizes Marc L. Andreessen's Form 4 filing for Samsara Inc. (IOT).
  • 8 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 12 Mar 2025, 17:24.

Change

  • Previous filing in this sequence was filed on 11 Dec 2024.
  • Current net transaction value: -$10,014,474.

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

Conversion of derivative security

Transaction value
$0
Shares
+219,698
Change %
Price
$0.000000
Shares after
219,698
Date
10 Mar 2025
Ownership
By Andreessen Horowitz LSV Fund I, L.P.
Footnotes
F1
IOT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+73,233
Change %
Price
$0.000000
Shares after
73,233
Date
10 Mar 2025
Ownership
By AH Parallel Fund V, L.P.
Footnotes
F2
IOT transaction

Class A Common Stock

Sale

Transaction value
$5,784,001
Shares
-169,818
Change %
-77%
Price
$34.06
Shares after
49,880
Date
10 Mar 2025
Ownership
By Andreessen Horowitz LSV Fund I, L.P.
Footnotes
F1, F3
IOT transaction

Class A Common Stock

Sale

Transaction value
$1,928,000
Shares
-56,606
Change %
-77%
Price
$34.06
Shares after
16,627
Date
10 Mar 2025
Ownership
By AH Parallel Fund V, L.P.
Footnotes
F2, F3
IOT transaction

Class A Common Stock

Sale

Transaction value
$1,726,846
Shares
-49,880
Change %
-100%
Price
$34.62
Shares after
0
Date
10 Mar 2025
Ownership
By Andreessen Horowitz LSV Fund I, L.P.
Footnotes
F1, F4
IOT transaction

Class A Common Stock

Sale

Transaction value
$575,627
Shares
-16,627
Change %
-100%
Price
$34.62
Shares after
0
Date
10 Mar 2025
Ownership
By AH Parallel Fund V, L.P.
Footnotes
F2, F4
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,995,652
Date
10 Mar 2025
Ownership
By Andreessen Horowitz LSV Fund III, L.P.
Footnotes
F5, F6
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,748,857
Date
10 Mar 2025
Ownership
By LAMA Community Trust
Footnotes
F7

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
-219,698
Change %
-3.1%
Price
$0.000000
Shares after
6,775,153
Date
10 Mar 2025
Ownership
By Andreessen Horowitz LSV Fund I, L.P.
Underlying class
Class A Common Stock
Underlying amount
219,698
Exercise price
Footnotes
F1, F8
IOT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-73,233
Change %
-1.4%
Price
$0.000000
Shares after
5,278,477
Date
10 Mar 2025
Ownership
By AH Parallel Fund V, L.P.
Underlying class
Class A Common Stock
Underlying amount
73,233
Exercise price
Footnotes
F2, F8
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
32,847,046
Date
10 Mar 2025
Ownership
By Andreessen Horowitz Fund IV, L.P.
Underlying class
Class A Common Stock
Underlying amount
32,847,046
Exercise price
Footnotes
F8, F9
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,984,699
Date
10 Mar 2025
Ownership
By AH Parallel Fund IV, L.P.
Underlying class
Class A Common Stock
Underlying amount
2,984,699
Exercise price
Footnotes
F8, F10, F11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 11 footnotes

Footnote F1

These shares are held of record by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH LSV Fund I Entities. The Reporting Person and Benjamin Horowitz are the managing members of AH EP LSV I and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund I Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Footnote F2

These shares are held of record by AH Parallel Fund V, L.P., for itself and as nominee for AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P., and AH Parallel Fund V-Q, L.P. (collectively, the "AH Parallel Fund V Entities"). AH Equity Partners V (Parallel), L.L.C. ("AH EP V Parallel"), the general partner of the AH Parallel Fund V Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund V Entities. The Reporting Person and Benjamin Horowitz are the managing members of AH EP V Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund V Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund V Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.50 to $34.495 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.50 to $34.85 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F5

These shares are held of record by Andreessen Horowitz LSV Fund III, L.P. ("AH LSV Fund III"), for itself and as nominee for Andreessen Horowitz LSV Fund III-B, L.P. ("AH LSV Fund III-B") and AH 2022 Annual Fund, L.P. ("AH 2022 Annual" and together with AH LSV Fund III and AH LSV Fund III-B, the "AH LSV Fund III Entities"). AH Equity Partners LSV III, L.L.C. ("AH EP LSV III"), the general partner of AH LSV Fund III and AH LSV Fund III-B, may be deemed to have sole voting and dispositive power over the shares held by AH LSV Fund III and AH LSV Fund III-B. AH Equity Partners 2022 Annual Fund, L.L.C. ("AH EP 2022 Annual"), the general partner of AH 2022 Annual, may be deemed to have sole voting and dispositive power over the shares held by AH 2022 Annual. The Reporting Person and Benjamin Horowitz are the managing members of AH EP LSV III and AH EP 2022 Annual and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund III Entities.

Footnote F6

(Continued from Footnote 5) The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund III Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Footnote F7

These shares are held of record by the LAMA Community Trust, of which the Reporting Person is a trustee.

Footnote F8

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, and has no expiration date.

Footnote F9

These shares are held of record by Andreessen Horowitz Fund IV, L.P., for itself and as nominee for Andreessen Horowitz Fund IV-A, L.P., Andreessen Horowitz Fund IV-B, L.P., and Andreessen Horowitz Fund IV-Q, L.P. (collectively, the "AH Fund IV Entities"). AH Equity Partners IV, L.L.C. ("AH EP IV"), the general partner of the AH Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Fund IV Entities. The Reporting Person and Benjamin Horowitz are the managing members of AH EP IV and may be deemed to have shared voting and dispositive power over the shares held by the AH Fund IV Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund IV Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Footnote F10

These shares are held of record by AH Parallel Fund IV, L.P., for itself and as nominee for AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., and AH Parallel Fund IV-Q, L.P. (collectively, the "AH Parallel Fund IV Entities"). AH Equity Partners IV (Parallel), L.L.C. ("AH EP IV Parallel"), the general partner of the AH Parallel Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund IV Entities.

Footnote F11

(Continued from Footnote 10) The Reporting Person and Benjamin Horowitz are the managing members of AH EP IV Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund IV Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund IV Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

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