Samsara (IOT) Form 4 Samsara / John Bicket ownership change

SEC Form 4

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^*

Bicket John

(Last) (First) (Middle)

C/O SAMSARA INC.

1 DE HARO STREET

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Samsara Inc. [ IOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
SEE REMARKS

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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
Class A Common Stock	06/17/2024		C		152,564	A	$0	386,796(1)(2)	D
Class A Common Stock	06/20/2024		S(3)		96,000	D	$29.4685(4)	1,928,040(1)	I	See footnote(5)
Class A Common Stock								134,400	I	See footnote(6)
Class A Common Stock								537,600	I	See footnote(7)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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(8)	(9)	06/17/2024		M			152,564	(10)	(10)	Class B Common Stock	152,564	$0	203,419	D
Class B Common Stock	$0	06/17/2024		M		152,564		(10)	(10)	Class A Common Stock	152,564	$0	152,564	D
Class B Common Stock	$0	06/17/2024		C			152,564	(10)	(10)	Class A Common Stock	152,564	$0	0	D
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	78,730,001		78,730,001	I	See footnote(5)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	1,283,986		1,283,986	I	See footnote(11)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	663,619		663,619	I	See footnote(12)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	16,313,764		16,313,764	I	See footnote(7)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	663,619		663,619	I	See footnote(13)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	1,286,597		1,286,597	I	See footnote(14)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	4,217,164		4,217,164	I	See footnote(6)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	250,000		250,000	I	See footnote(15)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	250,000		250,000	I	See footnote(16)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	250,000		250,000	I	See footnote(17)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	126,709		126,709	I	See footnote(18)
Class B Common Stock	$0							(10)	(10)	Class A Common Stock	126,709		126,709	I	See footnote(19)

Explanation of Responses:

1. The number of shares held reflects the transfer of 179,578 shares of Class A Common Stock from the Reporting Person to 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 (the "Bicket Revocable Trust").

2. 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.

3. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2023 by the Bicket Revocable Trust.

4. 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 $29.10 to $30.095, 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.

5. Consists of shares held by the Bicket Revocable Trust.

6. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

7. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust II u/a/d 10/8/2021, over which the Reporting Person has voting or investment power.

8. The reported shares represent RSUs, of which 152,564 shares vested on June 17, 2024 and the remaining shares vest in quarterly installments through December 15, 2024.

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

10. 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.

11. Consists of shares held by John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/20, over which the Reporting Person has voting or investment power.

12. Consists of shares held by John C. Bicket, Trustee of the John C. Bicket 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.

13. Consists of shares held by CBD, Trustee of the CBD 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power.

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

15. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo ACDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

16. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo JCDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

17. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A u/a/d 11/10/2021, over which the Reporting Person has voting or investment power.

18. Consists of shares held by John C. Bicket, Trustee of The John C. Bicket 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power.

19. Consists of shares held by CBD, Trustee of the CBD 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power.

Remarks:

Executive Vice President, Chief Technology Officer

	/s/ Adam Eltoukhy, attorney-in-fact on behalf of John Bicket	06/20/2024
	** Signature of Reporting Person	Date
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