GC Venture VIII, LLC 4
4 · Samsara Inc. · Filed Mar 15, 2023
Insider Transaction Report
Form 4
Samsara Inc.IOT
General Catalyst Group VIII, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-03-13+3,000,000→ 3,000,000 total(indirect: Directly held by General Catalyst Group VIII, L.P.) - Sale
Class A Common Stock
2023-03-13$18.86/sh−3,000,000$56,580,000→ 0 total - Conversion
Class B Common Stock
2023-03-13−3,000,000→ 11,187,815 total(indirect: Directly held by General Catalyst Group VIII, L.P.)Exercise: $0.00→ Class A Common Stock (3,000,000 underlying)
Holdings
- 2,000,000(indirect: Directly held by General Catalyst Group XI - Endurance, L.P.)
Class A Common Stock
- 14,187,815(indirect: Directly held by General Catalyst Group VIII Supplemental, L.P.)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (14,187,815 underlying) - 3,943,716(indirect: By LLC)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (3,943,716 underlying) - 8,588,813(indirect: By LLC)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (8,588,813 underlying) - 4,520,428(indirect: Directly held by General Catalyst Group X - Endurance, L.P.)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (4,520,428 underlying)
Footnotes (4)
- [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., which is the general partner of General Catalyst Group VIII, L.P. ("GCGVIII") and General Catalyst Group VIII Supplemental, L.P. ("GCGVIIIS") 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").
- [F2](Continued from Footnote 1) Kenneth Chenault, Joel Cutler, David Fialkow and Hemant Taneja are managing members of GCGMH LLC, and, as a result, may be deemed to share voting and investment power with respect to the shares held by GCVVIII, GCVVIIIB, GCGVIIIS, GCGVIII and GCGXE. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F3]GCGMH LLC is the general partner of GCGMH, which is the manager of GCGM LLC, which is the manager of General Catalyst Endurance GP XI, LLC, which is the general partner of General Catalyst Partners XI - Endurance, L.P., which is the general partner of General Catalyst Group XI - Endurance, L.P. ("GCGXIE"). Kenneth Chenault, Joel Cutler, David Fialkow and Hemant Taneja are managing members of GCGMH LLC, and, as a result, may be deemed to share voting and investment power with respect to the shares held by GCGXIE. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F4]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.