Key facts
- This page summarizes GC Venture VIII-B, LLC's Form 4 filing for Samsara Inc. (IOT).
- 6 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 19 Sep 2024, 21:07.
GC Venture VIII-B, LLC - 17 Sep 2024 Form 4 Insider Report for Samsara Inc. (IOT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- IOT
- Reported as of
- 17 Sep 2024
- Net transaction value
- -$1,112,197
- SEC form
- 4
- Accepted by SEC
- 19 Sep 2024, 21:07:37 UTC
- Prior SEC filing
- 17 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- General Catalyst Group VIII, LP, By: General Catalyst Partners VIII, L.P., Its General Partner, By: General Catalyst GP VIII, LLC, Its General Partner; By: /s/ Christopher McCain
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
GC Venture VIII-B, LLC filed Form 4 for Samsara Inc. (IOT) on 19 Sep 2024.
Change
- Previous filing in this sequence was filed on 17 Sep 2024.
- Current net transaction value: -$1,112,197.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IOT
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -2,998,022
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 1,978
- Date
- 17 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4
IOT
transaction
Class A Common Stock
Sale
- Transaction value
- -$91,858
- Shares
- -1,978
- Change %
- -100%
- Price
- $46.44
- Shares after
- 0
- Date
- 17 Sep 2024
- Ownership
- Direct
- Footnotes
- F2, F3, F4, F5
IOT
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +185,926
- Change %
- Price
- $0.000000
- Shares after
- 185,926
- Date
- 17 Sep 2024
- Ownership
- Directly held by GC Venture VIII-B Manager, LLC
- Footnotes
- F2, F3, F4, F6
IOT
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -185,926
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 17 Sep 2024
- Ownership
- Directly held by GC Venture VIII-B Manager, LLC
- Footnotes
- F2, F3, F4, F7
IOT
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +21,346
- Change %
- Price
- $0.000000
- Shares after
- 21,346
- Date
- 18 Sep 2024
- Ownership
- Directly held by GCGM Investment Holdings, LP
- Footnotes
- F2, F3, F4, F8
IOT
transaction
Class A Common Stock
Sale
- Transaction value
- -$1,020,339
- Shares
- -21,346
- Change %
- -100%
- Price
- $47.80
- Shares after
- 0
- Date
- 18 Sep 2024
- Ownership
- Directly held by GCGM Investment Holdings, LP
- Footnotes
- F2, F3, F4, F9
IOT
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,000,000
- Date
- 17 Sep 2024
- Ownership
- Directly held by General Catalyst Group XI - Endurance, L.P.
- Footnotes
- F10
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
- 17 Sep 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
- F11
IOT
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,588,813
- Date
- 17 Sep 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,588,813
- Exercise price
- $0.000000
- Footnotes
- F2, F3, F4, F11
IOT
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,520,428
- Date
- 17 Sep 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
- F11
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
GC Venture VIII-B, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 11 footnotes
Footnote F1
Effective September 17, 2024, GC Venture VIII-B, LLC ("GCVVIIIB"), a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 2,998,022 shares of Class A Common Stock of the Issuer to its general and limited partners.
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-B Manager, LLC, which is the manager of GCVVIIIB, and (b) 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) 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) Each party named above disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein.
Footnote F5
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.4392 to $47.4391, inclusive. The Reporting Persons 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 F6
Represents shares previously reported as held through GCVVIIIB.
Footnote F7
Effective September 17, 2024, GCVVIIIB Manager, a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 185,926 shares of Class A Common Stock of the Issuer to its general and limited partners.
Footnote F8
Represents shares previously reported as held through GCVVIIIB Manager.
Footnote F9
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.63 to $48.63, inclusive. The Reporting Persons 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 F10
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. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Footnote F11
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.