Sanjit Biswas - Jan 14, 2025 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas
Stock symbol
IOT
Transactions as of
Jan 14, 2025
Transactions value $
-$7,757,596
Form type
4
Date filed
1/16/2025, 05:01 PM
Previous filing
Jan 15, 2025
Next filing
Jan 17, 2025

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 +6K $0.00 6K Jan 14, 2025 See footnote F1
transaction IOT Class A Common Stock Conversion of derivative security $0 +17.4K $0.00 17.4K Jan 14, 2025 See footnote F2
transaction IOT Class A Common Stock Sale -$3.48M -78.9K -4.04% $44.14 1.87M Jan 14, 2025 See footnote F3, F4, F5
transaction IOT Class A Common Stock Sale -$157K -3.52K -0.19% $44.69 1.87M Jan 14, 2025 See footnote F3, F5, F6
transaction IOT Class A Common Stock Sale -$265K -6K -100% $44.09 0 Jan 14, 2025 See footnote F1, F7, F8
transaction IOT Class A Common Stock Sale -$755K -17.1K -98.11% $44.13 330 Jan 14, 2025 See footnote F2, F7, F9
transaction IOT Class A Common Stock Sale -$14.7K -330 -100% $44.69 0 Jan 14, 2025 See footnote F2, F7, F10
transaction IOT Class A Common Stock Sale -$764K -17.3K -14.84% $44.14 99.3K Jan 14, 2025 See footnote F7, F11, F12
transaction IOT Class A Common Stock Sale -$8.94K -200 -0.2% $44.71 99.1K Jan 14, 2025 See footnote F7, F12, F13
transaction IOT Class A Common Stock Sale -$745K -16.9K -14.51% $44.12 99.5K Jan 14, 2025 See footnote F7, F14, F15
transaction IOT Class A Common Stock Sale -$26.8K -599 -0.6% $44.70 98.9K Jan 14, 2025 See footnote F7, F15, F16
transaction IOT Class A Common Stock Sale -$753K -17.1K -14.67% $44.12 99.2K Jan 14, 2025 See footnote F7, F17, F18
transaction IOT Class A Common Stock Sale -$17.9K -400 -0.4% $44.70 98.8K Jan 14, 2025 See footnote F7, F18, F19
transaction IOT Class A Common Stock Sale -$742K -16.8K -14.45% $44.13 99.5K Jan 14, 2025 See footnote F7, F20, F21
transaction IOT Class A Common Stock Sale -$26.8K -600 -0.6% $44.69 98.9K Jan 14, 2025 See footnote F7, F21, F22
holding IOT Class A Common Stock 1.18M Jan 14, 2025 Direct F23

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 -6K -0.15% $0.00 3.92M Jan 14, 2025 Class A Common Stock 6K $0.00 See footnote F1, F24
transaction IOT Class B Common Stock Conversion of derivative security $0 -17.4K -0.11% $0.00 16.4M Jan 14, 2025 Class A Common Stock 17.4K $0.00 See footnote F2, F24
holding IOT Class B Common Stock 77.7M Jan 14, 2025 Class A Common Stock 77.7M $0.00 See footnote F5, F24
holding IOT Class B Common Stock 664K Jan 14, 2025 Class A Common Stock 664K $0.00 See footnote F24, F25
holding IOT Class B Common Stock 1.29M Jan 14, 2025 Class A Common Stock 1.29M $0.00 See footnote F24, F26
holding IOT Class B Common Stock 664K Jan 14, 2025 Class A Common Stock 664K $0.00 See footnote F24, F27
holding IOT Class B Common Stock 127K Jan 14, 2025 Class A Common Stock 127K $0.00 See footnote F24, F28
holding IOT Class B Common Stock 127K Jan 14, 2025 Class A Common Stock 127K $0.00 See footnote F24, F29
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which the Reporting Person has voting or investment power.
F2 Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which the Reporting Person has voting or investment power.
F3 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024 by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which the Reporting Person has voting or investment power (the "Biswas Family Trust").
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 $43.635 to $44.625, 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 Consists of shares held by the Biswas Family Trust.
F6 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 $44.64 to $44.75, 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.
F7 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024 by Jordan Park Trust Company LLC, Trustee, by Courtney J. Maloney as Trust Officer.
F8 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 $43.68 to $44.51, 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.
F9 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 $43.665 to $44.63, 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.
F10 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 $44.68 to $44.70, 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.
F11 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 $43.655 to $44.64, 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.
F12 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 the Reporting Person has voting or investment power.
F13 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 $44.70 to $44.72, 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.
F14 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 $43.66 to $44.64, 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.
F15 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 the Reporting Person has voting or investment power.
F16 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 $44.665 to $44.72, 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.
F17 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 $43.68 to $44.675, 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.
F18 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 the Reporting Person has voting or investment power.
F19 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 $44.68 to $44.705, 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.
F20 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 $43.635 to $44.63, 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.
F21 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 the Reporting Person has voting or investment power.
F22 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 $44.64 to $44.72, 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.
F23 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.
F24 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.
F25 Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2023 Annuity Trust u/a/d 1/16/2023, over which the Reporting Person has voting or investment power.
F26 Consists of shares held by the Reporting Person's spouse.
F27 Consists of shares held by HB, Trustee of the HB 2023 Annuity Trust u/a/d 1/16/2023, over which the Reporting Person has voting or investment power.
F28 Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person has voting or investment power.
F29 Consists of shares held by HB, Trustee of the HB 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person has voting or investment power.