Hemant Taneja - 22 Mar 2024 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
26 Mar 2024, 16:47:42 UTC
Prior SEC filing
22 Mar 2024
Next SEC filing
29 Apr 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher McCain, attorney-in-fact on behalf of Hemant Taneja

Key filing fact

Hemant Taneja filed Form 4 for Samsara Inc. (IOT) on 26 Mar 2024.

Key facts

  • This page summarizes Hemant Taneja's Form 4 filing for Samsara Inc. (IOT).
  • 1 reported transaction and 3 derivative rows are listed below.
  • Accepted by SEC: 26 Mar 2024, 16:47.

Change

  • Previous filing in this sequence was filed on 22 Mar 2024.
  • Current net transaction value: -$2,548,070.

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
$2,548,070
Shares
-68,904
Change %
-100%
Price
$36.98
Shares after
0
Date
22 Mar 2024
Ownership
Directly held by GCGM Investment Holdings, LP
Footnotes
F1, F2, F3, F4
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
670,672
Date
22 Mar 2024
Ownership
Directly held by the Hemant Taneja and Jessica Schantz Taneja Revocable Trust, dated 4/19/12
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
47,826
Date
22 Mar 2024
Ownership
Directly held by the Taneja Heritage Trust
IOT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,000,000
Date
22 Mar 2024
Ownership
Directly held by General Catalyst Group XI - Endurance, L.P.
Footnotes
F5

Reported derivative securities

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

IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
11,187,815
Date
22 Mar 2024
Ownership
Directly held by General Catalyst Group VIII, L.P.
Underlying class
Class A Common Stock
Underlying amount
11,187,815
Exercise price
$0.000000
Footnotes
F6
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,588,813
Date
22 Mar 2024
Ownership
Directly held by GC Venture VIII-B, LLC
Underlying class
Class A Common Stock
Underlying amount
8,588,813
Exercise price
$0.000000
Footnotes
F6
IOT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,520,428
Date
22 Mar 2024
Ownership
Directly held by General Catalyst Group X - Endurance, L.P.
Underlying class
Class A Common Stock
Underlying amount
4,520,428
Exercise price
$0.000000
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.64 to $37.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, 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 ranges set forth in this footnote of this Form 4.

Footnote F2

General Catalyst Group Management Holdings GP, LLC ("GCGMH LLC") is the general partner of GCGM Investment Holdings, LP ("GCGM IH") and General Catalyst Group Management Holdings, L.P. ("GCGMH"), which is the manager of General Catalyst Group Management, LLC ("GCGM LLC"), which is (a) the manager of GC Venture VIII Manager, LLC ("GCVVIII Manager"), which is the manager of GC Venture VIII, LLC ("GCVVIII"), (b) the manager of GC Venture VIII-B Manager, LLC, which is the manager of GC Venture VIII-B, LLC ("GCVVIIIB"), (c) the manager of General Catalyst GP VIII, LLC ("GCGPVIII"), which is the general partner of General Catalyst Partners VIII, L.P. ("GCPVIII"), which is the general partner of General Catalyst Group VIII, L.P. ("GCGVIII"),

Footnote F3

(Continued from Footnote 2) GCSE VIII, L.P. ("GCSE") and (d) the manager of General Catalyst GP X - Growth Venture, LLC, which is the general partner of General Catalyst Partners X - Growth Venture, L.P., which is the general partner of General Catalyst Group X - Endurance, L.P. ("GCGXE").

Footnote F4

(Continued from Footnote 3) The Reporting Person is a managing member of GCGMH LLC and a director of the Issuer. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F5

GCGMH LLC is the general partner of GCGMH, which is the manager of GCGM LLC, which is the manager of General Catalyst Endurance GP XI, LLC, which is the general partner of General Catalyst Partners XI - Endurance, L.P., which is the general partner of General Catalyst Group XI - Endurance, L.P. ("GCGXIE"). The Reporting Person is a managing member of GCGMH LLC. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F6

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.

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