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Samsara Inc. — Director's Dealing 2024
Sep 17, 2024
30267_dirs_2024-09-17_b9712e79-1bca-42c0-ac12-d3ce5d05955e.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: 2024-09-16
Reporting Person: GC Venture VIII-B, LLC (N/A)
Reporting Person: General Catalyst Group VIII, L.P. (N/A)
Reporting Person: General Catalyst Group X - Endurance, L.P. (N/A)
Reporting Person: General Catalyst Group XI - Endurance, L.P. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-16 | Class A Common Stock | C | 3000000 | $0.00 | Acquired | 3000000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-16 | Class B Common Stock | $0.00 | C | 3000000 | Disposed | Class A Common Stock (3000000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 2000000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $0.00 | Class A Common Stock (11187815) | 11187815 | Indirect | |
| Class B Common Stock | $0.00 | Class A Common Stock (4520428) | 4520428 | Indirect |
Footnotes
F1: General Catalyst Group Management Holdings GP, LLC ("GCGMH LLC") is the general partner of General Catalyst Group Management Holdings, L.P. ("GCGMH"), which is the manager of General Catalyst Group Management, LLC ("GCGM LLC"), which is (a) the manager of GC Venture VIII-B Manager, LLC, which is the manager of GC Venture VIII-B, LLC ("GCVVIIIB"), (b) the manager of General Catalyst GP VIII, LLC ("GCGPVIII"), which is the general partner of General Catalyst Partners VIII, L.P. ("GCPVIII"), which is the general partner of General Catalyst Group VIII, L.P. ("GCGVIII"),
F2: (Continued from Footnote 1) GCSE VIII, L.P. ("GCSE") and (c) the manager of General Catalyst GP X - Growth Venture, LLC, which is the general partner of General Catalyst Partners X - Growth Venture, L.P., which is the general partner of General Catalyst Group X - Endurance, L.P. ("GCGXE").
F3: (Continued from Footnote 2) Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4: Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, GCVVIIIB, a venture capital partnership, plans to distribute in-kind on a pro-rata basis, without consideration, a total of 2,999,802 shares of Class A Common Stock of the Issuer to its general and limited partners.
F5: GCGMH LLC is the general partner of GCGMH, which is the manager of GCGM LLC, which is the manager of General Catalyst Endurance GP XI, LLC, which is the general partner of General Catalyst Partners XI - Endurance, L.P., which is the general partner of General Catalyst Group XI - Endurance, L.P. ("GCGXIE"). Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
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.