Andy McCall - 15 Jun 2022 Form 4 Insider Report for Samsara Inc. (IOT)

Role
Executive Vice President, Chief Revenue Officer
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Andy McCall
Issuer symbol
IOT
Transactions as of
15 Jun 2022
Transactions value $
-$636,619
Form type
4
Filing time
17 Jun 2022, 19:34:33 UTC
Previous filing
17 Mar 2022
Next filing
19 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Award $20,262 +2,173 +0.64% $9.32 343,372 10 Jun 2022 Direct F1
transaction IOT Class A Common Stock Conversion of derivative security $0 +106,250 +30.94% $0 449,622 15 Jun 2022 Direct
transaction IOT Class A Common Stock Sale -$656,881 -59,773 -13.29% $10.99 389,849 15 Jun 2022 Direct F2, F3

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 Options Exercise $0 -106,250 -9.68% $0 991,667 15 Jun 2022 Class B Common Stock 106,250 Direct F4, F5, F6
transaction IOT Class B Common Stock Options Exercise $0 +106,250 +6.12% $0 1,841,622 15 Jun 2022 Class A Common Stock 106,250 $0 Direct F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -106,250 -5.77% $0 1,735,372 15 Jun 2022 Class A Common Stock 106,250 $0 Direct F6
holding IOT Class B Common Stock 5,399,627 15 Jun 2022 Class A Common Stock 5,399,627 $0 See footnote F6, F7
holding IOT Class B Common Stock 1,673,333 15 Jun 2022 Class A Common Stock 1,673,333 $0 See footnote F6, F8
holding IOT Class B Common Stock 646,853 15 Jun 2022 Class A Common Stock 646,853 $0 See footnote F6, F9
holding IOT Class B Common Stock 646,853 15 Jun 2022 Class A Common Stock 646,853 $0 See footnote F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the Samsara Inc. 2021 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of awards of RSUs.
F3 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 $10.68 to $11.3301 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.
F4 The reported shares are represented by RSUs, of which 106,250 vested on June 15, 2022 and the remaining shares vest in quarterly installments through December 15, 2024.
F5 Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
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.
F7 Consists of shares held by JAM and BAM, Co-Trustees of The JAM and BAM Joint Living Trust u/a/d 6/30/2009, over which Mr. McCall has voting or investment power.
F8 Consists of shares held by JAM and BAM, Co-Trustees of The McCall 2020 Irrevocable Children's Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.
F9 Consists of shares held by James Andrew McCall III, Trustee of The James Andrew McCall III 2020 Annuity Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.
F10 Consists of shares held by BAM, Trustee of The BAM 2020 Annuity Trust u/a/d 8/7/2020, over which Mr. McCall has voting or investment power.

Remarks:

Executive Vice President, Chief Revenue Officer