Form 4 for IOT Samsara Inc.
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-19 · accession 0000950170-24-033914 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-03-19 | 2024-03-19 | IOT | Taneja Hemant | Dir | C - Cnv Deriv | $0.00 | +3.94M | 3.94M | New | $0 |
| DI | 2024-03-19 | 2024-03-19 | IOT | Taneja Hemant | Dir | C - Cnv Deriv | $0.00 | -3.94M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-03-19 | C | A | 3,943,716 | $0.00 | 3,943,716 | I Directly held by GC Venture VIII, LLC | — | — | (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 Manager, LLC ("GCVVIII Manager"), which is the manager of GC Venture VIII, LLC ("GCVVIII"), (b) the manager of GC Venture VIII-B Manager, LLC, which is the manager of GC Venture VIII-B, LLC ("GCVVIIIB"), (c) 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"), (F4) Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, GCVVIII, a venture capital partnership, plans to distribute in-kind on a pro-rata basis, without consideration, a total of 3,943,716 shares of Class A Common Stock of the Issuer to its general and limited partners. (F2) (Continued from Footnote 1) GCSE VIII, L.P. ("GCSE") and (d) 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) The Reporting Person is a managing member of GCGMH LLC and a director of the Issuer. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 2 | Derivative | Class B Common Stock | 2024-03-19 | C | D | 3,943,716 | $0.00 | 0 | I Directly held by GC Venture VIII, LLC | $0.00 · — to — | 3,943,716 Class A Common Stock | (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. |