Form 4 for IOT Samsara Inc.
Accepted 2024-09-18 00:00:00 ET · period of report 2024-09-16 · accession 0001415889-24-023627 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-18 | 2024-09-16 | IOT | Biswas Sanjit | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | +126.6K | 1.43M | +10% | $0 |
| DMI | 2024-09-18 | 2024-09-17 | IOT | Biswas Sanjit | CEO, Dir, 10% | S - Sale | $46.68 | -96.0K | 867.9K | -10% | -$4.48M |
| DM | 2024-09-18 | 2024-09-16 | IOT | Biswas Sanjit | CEO, Dir, 10% | M - OptEx | $0.00 | 0 | 42.2K | New | $0 |
| D | 2024-09-18 | 2024-09-16 | IOT | Biswas Sanjit | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -126.6K | 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 | 2024-09-16 | C | A | 126,628 | $0.00 | 1,425,473 | D | — | — | (F2) 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. (F1) The number of shares held reflects the transfer of 265,587 shares of Class A Common Stock from the Reporting Person to 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"). |
| 2 | Common | Class A Common Stock | 2024-09-17 | S | D | 71,554 | $46.55 | 892,332 | 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 $45.95 to $46.945, 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) Consists of shares held by the Biswas Family Trust. |
| 3 | Common | Class A Common Stock | 2024-09-17 | S | D | 24,446 | $47.08 | 867,886 | I See footnote | — | — | (F6) 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 $46.95 to $47.37, 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) Consists of shares held by the Biswas Family Trust. |
| 4 | Derivative | Class B Common Stock | 2024-09-16 | M | A | 126,628 | $0.00 | 126,628 | D | $0.00 · — to — | 126,628 Class A Common Stock | (F11) 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. |
| 5 | Derivative | Class B Common Stock | 2024-09-16 | M | D | 126,628 | $0.00 | 42,210 | D | — · — to — | 126,628 Class B Common Stock | (F9) The reported shares represent RSUs, of which 126,628 shares vested on September 16, 2024 and the remaining shares vest in quarterly installments through December 15, 2024. (F10) Each RSU represents a contingent right to receive one share of Class B Common Stock. (F11) 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. |
| 6 | Derivative | Class B Common Stock | 2024-09-16 | C | D | 126,628 | $0.00 | 0 | D | $0.00 · — to — | 126,628 Class A Common Stock | (F11) 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. |