FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Samsara Inc. [ IOT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 06/15/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Class B Common Stock(1) | (2) | 06/15/2022 | M | 126,628 | (3) | (3) | Class B Common Stock | 126,628 | $0.00 | 1,181,862 | D | ||||
Class B Common Stock | $0.00 | 06/15/2022 | M | 126,628 | (3) | (3) | Class A Common Stock | 126,628 | $0.00 | 2,130,824 | D | ||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 84,962,664 | 84,962,664 | I | See footnote(4) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 4,155,371 | 4,155,371 | I | See footnote(5) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 15,591,942 | 15,591,942 | I | See footnote(6) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common stock | 1,650,439 | 1,650,439 | I | See footnote(7) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 1,283,986 | 1,283,986 | I | See footnote(8) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 1,650,439 | 1,650,439 | I | See footnote(9) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 250,000 | 250,000 | I | See footnote(10) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 250,000 | 250,000 | I | See footnote(11) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 250,000 | 250,000 | I | See footnote(12) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 250,000 | 250,000 | I | See footnote(13) | |||||||
Class B Common Stock | $0.00 | (3) | (3) | Class A Common Stock | 1,286,597 | 1,286,597 | I | See footnote(14) |
Explanation of Responses: |
1. The reported shares represent RSUs, of which 126,628 shares vested on June 15, 2022 and the remaining shares vest in quarterly installments through December 15, 2024. |
2. Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock. |
3. 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. |
4. Consists of shares held by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which Mr. Biswas has voting or investment power. |
5. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which Mr. Biswas has voting or investment power. |
6. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which Mr. Biswas has voting or investment power. |
7. Consists of shares held by HB, Trustee of The HB 2020 Annuity Trust u/a/d 12/2/2020, over which Mr. Biswas has voting or investment power. On April 12, 2022, the Reporting Person transferred shares to SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012. Such transfer did not represent a change in beneficial ownership. |
8. Consists of shares held by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which Mr. Biswas has voting or investment power. On April 12, 2022, the Reporting Person received shares from transfers from (a) HB, Trustee of The HB 2020 Annuity Trust u/a/d 12/2/2020 and (b) Sanjit Biswas, Trustee of The Sanjit Biswas 2020 Annuity Trust u/a/d 12/2/2020. Such transfers did not represent a change in beneficial ownership. |
9. Consists of shares held by Sanjit Biswas, Trustee of The Sanjit Biswas 2020 Annuity Trust u/a/d 12/2/2020, over which Mr. Biswas has voting or investment power. On April 12, 2022, the Reporting Person transferred shares to SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012. Such transfer did not represent a change in beneficial ownership. |
10. 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 Mr. Biswas has voting or investment power. |
11. 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 Mr. Biswas has voting or investment power. |
12. 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 Mr. Biswas has voting or investment power. |
13. 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 Mr. Biswas has voting or investment power. |
14. Consists of shares held by Mr. Biswas' spouse. |
Remarks: |
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas | 06/17/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |