John Bicket - 16 May 2023 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Issuer symbol
IOT
Transactions as of
16 May 2023
Net transactions value
-$1,790,296
Form type
4
Filing time
18 May 2023, 18:54:18 UTC
Previous filing
11 May 2023
Next filing
25 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOT Class A Common Stock Conversion of derivative security $0 +58,131 +209% $0.000000 85,938 16 May 2023 See footnote F1
transaction IOT Class A Common Stock Sale $1,151,226 -58,131 -68% $19.80 27,807 16 May 2023 See footnote F1, F2, F3
transaction IOT Class A Common Stock Conversion of derivative security $0 +32,164 +116% $0.000000 59,971 17 May 2023 See footnote F1
transaction IOT Class A Common Stock Sale $639,070 -32,164 -54% $19.87 27,807 17 May 2023 See footnote F1, F2, F4
holding IOT Class A Common Stock 355,572 16 May 2023 Direct F5

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 Conversion of derivative security $0 -58,131 -0.07% $0.000000 85,674,084 16 May 2023 Class A Common Stock 58,131 $0.000000 See footnote F1, F6
transaction IOT Class B Common Stock Conversion of derivative security $0 -32,164 -0.04% $0.000000 85,641,920 17 May 2023 Class A Common Stock 32,164 $0.000000 See footnote F1, F6
holding IOT Class B Common Stock 152,564 16 May 2023 Class A Common Stock 152,564 $0.000000 Direct F6
holding IOT Class B Common Stock 1,283,986 16 May 2023 Class A Common Stock 1,283,986 $0.000000 See footnote F6, F7
holding IOT Class B Common Stock 790,328 16 May 2023 Class A Common Stock 790,328 $0.000000 See footnote F6, F8
holding IOT Class B Common Stock 17,312,164 16 May 2023 Class A Common Stock 17,312,164 $0.000000 See footnote F6, F9
holding IOT Class B Common Stock 790,328 16 May 2023 Class A Common Stock 790,328 $0.000000 See footnote F6, F10
holding IOT Class B Common Stock 1,286,597 16 May 2023 Class A Common Stock 1,286,597 $0.000000 See footnote F6, F11
holding IOT Class B Common Stock 4,466,764 16 May 2023 Class A Common Stock 4,466,764 $0.000000 See footnote F6, F12
holding IOT Class B Common Stock 250,000 16 May 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F13
holding IOT Class B Common Stock 250,000 16 May 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F14
holding IOT Class B Common Stock 250,000 16 May 2023 Class A Common Stock 250,000 $0.000000 See footnote F6, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares held by John C. Bicket, Trustee of the John C. Bicket Revocable Trust u/a/d 2/15/2013, over which the Reporting Person has voting or investment power.
F2 The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c). In compliance with SEC guidance, the Reporting Person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
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 $19.6301 to $20.02, 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 "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 $19.48 to $20.135, 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.
F5 Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
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 John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/20, over which the Reporting Person has voting or investment power.
F8 Consists of shares held by John C. Bicket, Trustee of the John C. Bicket 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.
F9 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust II u/a/d 10/8/2021, over which the Reporting Person has voting or investment power.
F10 Consists of shares held by CBD, Trustee of the CBD 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.
F11 Consists of shares held by the Reporting Person's spouse.
F12 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.
F13 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo ACDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.
F14 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo JCDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.
F15 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer