Sanjit Biswas - 17 Dec 2021 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 Dec 2021
Net transactions value
$0
Form type
4
Filing time
21 Dec 2021, 20:49:42 UTC
Previous filing
16 Dec 2021
Next filing
17 Mar 2022

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 Series A Preferred Stock Conversion of derivative security $0 -12,386,955 -100% $0.000000* 0 17 Dec 2021 Class B Common Stock 12,386,955 $0.000000 Direct F1
transaction IOT Class B Common Stock Conversion of derivative security $0 +12,386,955 +19% $0.000000 78,981,584 17 Dec 2021 Class A Common Stock 12,386,955 $0.000000 See footnote F1, F2
transaction IOT Series B Preferred Stock Conversion of derivative security $0 -4,629,639 -100% $0.000000* 0 17 Dec 2021 Class B Common Stock 4,629,639 $0.000000 See footnote F1, F2
transaction IOT Class B Common Stock Conversion of derivative security $0 +4,629,639 +5.9% $0.000000 83,611,223 17 Dec 2021 Class A Common Stock 4,629,639 $0.000000 See footnote F1, F2
transaction IOT Series C Preferred Stock Conversion of derivative security $0 -1,351,441 -100% $0.000000* 0 17 Dec 2021 Class B Common Stock 1,351,441 $0.000000 See footnote F1, F2
transaction IOT Class B Common Stock Conversion of derivative security $0 +1,351,441 +1.6% $0.000000 84,962,664 17 Dec 2021 Class A Common Stock 1,351,441 $0.000000 See footnote F1, F2
holding IOT Class B Common Stock 1,286,597 17 Dec 2021 Class A Common Stock 1,286,597 $0.000000 Direct F12
holding IOT Class B Common Stock 4,155,371 17 Dec 2021 Class A Common Stock 4,155,371 $0.000000 See footnote F3, F12
holding IOT Class B Common Stock 15,591,942 17 Dec 2021 Class A Common Stock 15,591,942 $0.000000 See footnote F4, F12
holding IOT Class B Common Stock 2,292,432 17 Dec 2021 Class A Common Stock 2,292,432 $0.000000 See footnote F5, F12
holding IOT Class B Common Stock 2,292,432 17 Dec 2021 Class A Common Stock 2,292,432 $0.000000 See footnote F6, F12
holding IOT Class B Common Stock 250,000 17 Dec 2021 Class A Common Stock 250,000 $0.000000 See footnote F7, F12
holding IOT Class B Common Stock 250,000 17 Dec 2021 Class A Common Stock 250,000 $0.000000 See footnote F8, F12
holding IOT Class B Common Stock 250,000 17 Dec 2021 Class A Common Stock 250,000 $0.000000 See footnote F9, F12
holding IOT Class B Common Stock 250,000 17 Dec 2021 Class A Common Stock 250,000 $0.000000 See footnote F10, F12
holding IOT Class B Common Stock 1,286,597 17 Dec 2021 Class A Common Stock 1,286,597 $0.000000 See footnote F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock automatically converted into Class B Common Stock on a one-to-one basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock. 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.
F2 Consists of shares held by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which Mr. Biswas has voting or investment power.
F3 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which Mr. Biswas has voting or investment power.
F4 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which Mr. Biswas has voting or investment power.
F5 Consists of shares held by HB, Trustee of The HB 2020 Annuity Trust u/a/d 12/2/2020, over which Mr. Biswas has voting or investment power.
F6 Consists of shares held by Sanjit Biswas, Trustee of The Sanjit Biswas 2020 Annuity Trust u/a/d 12/2/2020, over which Mr. Biswas has voting or investment power.
F7 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 Mr. Biswas has voting or investment power.
F8 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 Mr. Biswas has voting or investment power.
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 Mr. Biswas has voting or investment power.
F10 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 Mr. Biswas has voting or investment power.
F11 Consists of shares held by Mr. Biswas' spouse.
F12 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.