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Samsara Inc. Director's Dealing 2022

Mar 18, 2022

30267_dirs_2022-03-17_53bc7b59-15d9-4e2b-b06d-e1414e40f1fe.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Samsara Inc. (IOT)
CIK: 0001642896
Period of Report: 2021-12-22

Reporting Person: Sekar Kiren (See remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-22 Class A Common Stock C 180000 $0.00 Acquired 180000 Indirect
2021-12-22 Class A Common Stock G 180000 $0.00 Disposed 0 Indirect
2022-03-15 Class A Common Stock C 137500 $0.00 Acquired 137500 Direct
2022-03-15 Class A Common Stock A 119641 $0.00 Acquired 257141 Direct
2022-03-15 Class A Common Stock S 43596 $13.167 Disposed 213545 Direct
2022-03-15 Class A Common Stock S 16938 $13.7988 Disposed 196607 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-22 Class B Common Stock $ C 180000 Disposed Class A Common Stock (180000) Indirect
2022-03-15 Class B Common Stock $0.00 M 779166 Disposed Class B Common Stock (779166) Direct
2022-03-15 Class B Common Stock $0.00 M 779166 Acquired Class A Common Stock (779166) Direct
2022-03-15 Class B Common Stock $0.00 C 137500 Disposed Class B Common Stock (137500) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $0.00 Class B Common Stock (1300000) 1300000 Indirect

Footnotes

F1: Consists of shares held by KRS and CCS, Co-Trustees of The Sekar Family Revocable Trust u/a/d 5/20/2013, over which Mr. Sekar has voting or investment power.

F2: Includes 119,641 restricted stock units, or RSUs, granted on March 15, 2022 that vest in 16 equal quarterly installments following March 17, 2022.

F3: These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of RSUs.

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 $12.65 to $13.62 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: 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 $13.66 to $14.12 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 reported shares are represented by RSUs, of which 641,666 vested on December 14, 2021 that were previously reported, 137,500 vested on March 15, 2022 and the remaining shares vest in quarterly installments through December 15, 2024.

F7: Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.

F8: 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.

F9: 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.

F10: Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Sekar Family Irrevocable Trust u/a/d 1/26/2021, over which Mr. Sekar has voting or investment power.