John Bicket - Jan 15, 2025 Form 4 Insider Report for Samsara Inc. (IOT)

Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket
Stock symbol
IOT
Transactions as of
Jan 15, 2025
Transactions value $
-$11,028,703
Form type
4
Date filed
1/17/2025, 05:37 PM
Previous filing
Jan 16, 2025
Next filing
Jan 22, 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 +9.57K $0.00 9.57K Jan 15, 2025 See footnote F1
transaction IOT Class A Common Stock Sale -$3.37M -74.3K -5.13% $45.33 1.37M Jan 15, 2025 See footnote F2, F3, F4
transaction IOT Class A Common Stock Sale -$520K -11.3K -0.82% $45.84 1.36M Jan 15, 2025 See footnote F2, F4, F5
transaction IOT Class A Common Stock Sale -$431K -9.57K -100% $45.06 0 Jan 15, 2025 See footnote F1, F6, F7
transaction IOT Class A Common Stock Sale -$1.12M -24.8K -24.97% $45.32 74.4K Jan 15, 2025 See footnote F6, F8, F9
transaction IOT Class A Common Stock Sale -$197K -4.3K -5.79% $45.82 70.1K Jan 15, 2025 See footnote F6, F9, F10
transaction IOT Class A Common Stock Sale -$1.1M -24.3K -24.56% $45.31 74.6K Jan 15, 2025 See footnote F6, F11, F12
transaction IOT Class A Common Stock Sale -$220K -4.81K -6.44% $45.83 69.8K Jan 15, 2025 See footnote F6, F10, F12
transaction IOT Class A Common Stock Sale -$1.13M -24.9K -25.23% $45.32 73.8K Jan 15, 2025 See footnote F3, F6, F13
transaction IOT Class A Common Stock Sale -$192K -4.2K -5.69% $45.83 69.6K Jan 15, 2025 See footnote F6, F13, F14
transaction IOT Class A Common Stock Sale -$921K -20K -28.61% $45.96 50K Jan 16, 2025 See footnote F6, F9, F15
transaction IOT Class A Common Stock Sale -$906K -19.7K -28.23% $45.96 50.1K Jan 16, 2025 See footnote F6, F12, F16
transaction IOT Class A Common Stock Sale -$922K -20.1K -28.83% $45.95 49.5K Jan 16, 2025 See footnote F6, F13, F17
holding IOT Class A Common Stock 302K Jan 15, 2025 Direct F18

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 -9.57K -0.06% $0.00 16.4M Jan 15, 2025 Class A Common Stock 9.57K $0.00 See footnote F1, F19
holding IOT Class B Common Stock 76.6M Jan 15, 2025 Class A Common Stock 76.6M $0.00 See footnote F4, F19
holding IOT Class B Common Stock 1.28M Jan 15, 2025 Class A Common Stock 1.28M $0.00 See footnote F19, F20
holding IOT Class B Common Stock 664K Jan 15, 2025 Class A Common Stock 664K $0.00 See footnote F19, F21
holding IOT Class B Common Stock 664K Jan 15, 2025 Class A Common Stock 664K $0.00 See footnote F19, F22
holding IOT Class B Common Stock 1.29M Jan 15, 2025 Class A Common Stock 1.29M $0.00 See footnote F19, F23
holding IOT Class B Common Stock 4.23M Jan 15, 2025 Class A Common Stock 4.23M $0.00 See footnote F19, F24
holding IOT Class B Common Stock 127K Jan 15, 2025 Class A Common Stock 127K $0.00 See footnote F19, F25
holding IOT Class B Common Stock 127K Jan 15, 2025 Class A Common Stock 127K $0.00 See footnote F19, F26
* 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 Bicket-Dobson Trust II u/a/d 10/8/2021, over which the Reporting Person has voting or investment power.
F2 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024 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 (the "Bicket Revocable Trust").
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 $44.785 to $45.78, 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 Consists of shares held by the Bicket Revocable Trust.
F5 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 $45.785 to $45.96, 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.
F6 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.
F7 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 $44.80 to $45.32, 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.
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 $44.78 to $45.775, 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 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.
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 $45.78 to $45.93, 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 $44.775 to $45.77, 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 Bicket-Dobson Trust I-A fbo JCDB 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 u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.
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 $45.785 to $45.94, 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 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 $45.36 to $46.315, 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.
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 $45.38 to $46.30, 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 $45.335 to $46.33, 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 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.
F19 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.
F20 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.
F21 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.
F22 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.
F23 Consists of shares held by the Reporting Person's spouse.
F24 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.
F25 Consists of shares held by John C. Bicket, Trustee of The John C. Bicket 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power.
F26 Consists of shares held by CBD, Trustee of the CBD 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer