General Catalyst Amends Samsara Stake Filing
Ticker: IOT · Form: SC 13D/A · Filed: Mar 21, 2024 · CIK: 1642896
| Field | Detail |
|---|---|
| Company | Samsara INC. (IOT) |
| Form Type | SC 13D/A |
| Filed Date | Mar 21, 2024 |
| Risk Level | low |
| Pages | 12 |
| Reading Time | 15 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, institutional-investor
Related Tickers: IOT
TL;DR
GC group updated their Samsara 13D filing on 3/21. Ownership details changed.
AI Summary
General Catalyst Group Management Holdings GP, LLC, along with its affiliates, has filed an amendment to their Schedule 13D, indicating a change in their beneficial ownership of Samsara Inc. as of March 21, 2024. The filing details a group of entities associated with General Catalyst, all of whom are reporting their stake in Samsara Inc.
Why It Matters
This filing updates the ownership structure of a significant institutional investor in Samsara Inc., which can influence market perception and investor strategy.
Risk Assessment
Risk Level: low — This is a routine amendment to a Schedule 13D filing, typically updating ownership information rather than signaling a major strategic shift.
Key Players & Entities
- General Catalyst Group Management Holdings GP, LLC (company) — Filer of the Schedule 13D/A
- Samsara Inc. (company) — Subject company
- 20240321 (date) — Date of filing and change of information
FAQ
What is the primary purpose of this SC 13D/A filing?
The primary purpose is to amend a previous Schedule 13D filing, indicating a change in the beneficial ownership of Samsara Inc. by General Catalyst Group Management Holdings GP, LLC and its affiliates.
Who are the main entities involved in this filing?
The main entities are Samsara Inc. (the subject company) and General Catalyst Group Management Holdings GP, LLC, along with a list of its affiliated group members.
When was the change in beneficial ownership reported?
The change in beneficial ownership was reported as of March 21, 2024.
What is the business address of Samsara Inc.?
The business address of Samsara Inc. is 1 De Haro Street, San Francisco, CA 94107.
What is the SIC code for Samsara Inc.?
The Standard Industrial Classification (SIC) code for Samsara Inc. is 7373, which falls under SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.
Filing Stats: 3,722 words · 15 min read · ~12 pages · Grade level 10.3 · Accepted 2024-03-21 16:48:57
Key Financial Figures
- $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 par value (Title of Class of Securiti
Filing Documents
- d798886dsc13da.htm (SC 13D/A) — 240KB
- d798886dex991.htm (EX-99.1) — 26KB
- 0001193125-24-073931.txt ( ) — 268KB
From the Filing
SC 13D/A 1 d798886dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* Samsara Inc. (Name of Issuer) Class A Common Stock, $0.0001 par value (Title of Class of Securities) 79589L106 (CUSIP Number) Christopher McCain General Catalyst Partners 20 University Road, 4th Floor, Cambridge, MA 02138 (617) 234-7000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 19, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 79589L106 13D Page 2 of 21 Pages 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). General Catalyst Group Management Holdings GP, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) AF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 26,897,281 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 26,897,281 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 26,897,281 shares 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.61% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO CUSIP No. 79589L106 13D Page 3 of 21 Pages 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). General Catalyst Group Management Holdings, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) AF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 26,897,281 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 26,897,281 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 26,897,281 shares 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.61% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No. 79589L106 13D Page 4 of 21 Pages 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). General Catalyst Group Management, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) AF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 shares 8 SHARED VOTING POWER 26,897,281 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 26,897,281 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 26,897,281 shares 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.61% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO CUSIP No. 79589L106 13D Page 5 of 21 Pages 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). General Catalyst Group VIII, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (S