Form 4 for IOT Samsara Inc.
Accepted 2023-03-02 00:00:00 ET · period of report 2023-02-28 · accession 0001209191-23-014897 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-03-02 | 2023-02-28+ | IOT | Bicket John | See remarks, Dir, 10% | C - Cnv Deriv | $0.00 | +90.3K | 63.3K | New | $0 |
| DMI | 2023-03-02 | 2023-02-28+ | IOT | Bicket John | See remarks, Dir, 10% | S - Sale | $16.48 | -90.3K | 27.8K | -76% | -$1.49M |
| D | 2023-03-02 | 2023-03-01 | IOT | Bicket John | See remarks, Dir, 10% | A - Grant | $0.00 | +174.8K | 369.5K | +90% | $0 |
| DMI | 2023-03-02 | 2023-02-28+ | IOT | Bicket John | See remarks, Dir, 10% | C - Cnv Deriv | $0.00 | -90.3K | 86.58M | -0.1% | $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 | 2023-02-28 | C | A | 54,790 | $0.00 | 82,597 | I See footnote | — | — | (F1) Consists of shares held 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. |
| 2 | Common | Class A Common Stock | 2023-02-28 | S | D | 54,790 | $16.53 | 27,807 | I See footnote | — | — | (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 $16.23 to $16.72 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. (F1) Consists of shares held 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. |
| 3 | Common | Class A Common Stock | 2023-03-01 | C | A | 35,505 | $0.00 | 63,312 | I See footnote | — | — | (F1) Consists of shares held 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. |
| 4 | Common | Class A Common Stock | 2023-03-01 | S | D | 35,505 | $16.41 | 27,807 | I See footnote | — | — | (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 $16.275 to $16.70 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. (F1) Consists of shares held 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. |
| 5 | Common | Class A Common Stock | 2023-03-01 | A | A | 174,825 | $0.00 | 369,476 | D | — | — | (F5) These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. 5% of the RSUs shall vest on June 15, 2023 and each quarterly vesting date thereafter through March 15, 2024; 7.5% of the RSUs shall vest on June 15, 2024 and each quarterly vesting date thereafter through March 15, 2025; and 12.5% of the RSUs shall vest on June 15, 2025 and each quarterly vesting date thereafter through March 15, 2026, subject to the Reporting Person continuing as a service provider through each such date. (F6) Certain of these securities are 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. |
| 6 | Derivative | Class B Common Stock | 2023-03-01 | C | D | 35,505 | $0.00 | 86,544,870 | I See footnote | $0.00 · — to — | 35,505 Class A Common Stock | (F1) Consists of shares held 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. (F7) 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. |
| 7 | Derivative | Class B Common Stock | 2023-02-28 | C | D | 54,790 | $0.00 | 86,580,375 | I See footnote | $0.00 · — to — | 54,790 Class A Common Stock | (F1) Consists of shares held 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. (F7) 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. |