Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Samsara Inc. Director's Dealing 2024

Apr 26, 2024

30267_dirs_2024-04-25_6b550232-d9ca-4090-a901-6bfe382dbbb6.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Samsara Inc. (IOT)
CIK: 0001642896
Period of Report: 2024-04-23

Reporting Person: Biswas Sanjit (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-04-23 Class A Common Stock S 17383 $32.4572 Disposed 1098538 Indirect
2024-04-23 Class A Common Stock S 78617 $33.3106 Disposed 1019921 Indirect
2024-04-24 Class A Common Stock C 852791 Acquired 1872712 Indirect
2024-04-24 Class A Common Stock C 115200 Acquired 172800 Indirect
2024-04-24 Class A Common Stock C 460800 Acquired 691200 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-04-24 Class B Common Stock $0 C 852791 Disposed Class A Common Stock (852791) Indirect
2024-04-24 Class B Common Stock $0 C 115200 Disposed Class A Common Stock (115200) Indirect
2024-04-24 Class B Common Stock $0 C 460800 Disposed Class A Common Stock (460800) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 1703391 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $0 Class A Common Stock (790328) 790328 Indirect
Class B Common Stock $0 Class A Common Stock (250000) 250000 Indirect
Class B Common Stock $0 Class A Common Stock (250000) 250000 Indirect
Class B Common Stock $0 Class A Common Stock (250000) 250000 Indirect
Class B Common Stock $0 Class A Common Stock (250000) 250000 Indirect
Class B Common Stock $0 Class A Common Stock (1286597) 1286597 Indirect
Class B Common Stock $0 Class A Common Stock (790328) 790328 Indirect
Class B Common Stock $ Class B Common Stock (295466) 295466 Direct

Footnotes

F1: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2023 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").

F2: 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 $31.84 to $32.83, 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 range set forth herein.

F3: Consists of shares held by 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 $32.84 to $33.75, 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 range set forth herein.

F5: 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.

F6: 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.

F7: 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.

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: 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.

F10: 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.

F11: 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.

F12: 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.

F13: 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.

F14: Consists of shares held by the Reporting Person's spouse.

F15: 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.

F16: The reported shares represent RSUs, of which 126,628 shares shall vest on June 15, 2024 and the remaining shares vest in quarterly installments through December 15, 2024.

F17: Each RSU represents a contingent right to receive one share of Class B Common Stock.