Andreessen Horowitz Files SC 13D/A Amendment for Samsara Inc.

TL;DR

AH Fund IV amended 13D for Samsara. Watch for changes.

AI Summary

On June 17, 2024, Andreessen Horowitz Fund IV, L.P. and its affiliates filed an SC 13D/A amendment regarding their holdings in Samsara Inc. The filing indicates a change in beneficial ownership, though specific new dollar amounts or percentage changes were not detailed in this excerpt. The filing was made by entities associated with the venture capital firm Andreessen Horowitz.

Why It Matters

This filing signals a potential shift in the investment strategy or stake of a significant venture capital firm in Samsara Inc., which could influence the company's stock performance.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings by major investors can indicate shifts in strategy or potential future actions that could impact the stock.

Key Players & Entities

• Samsara Inc. (company) — Subject company
• Andreessen Horowitz Fund IV, L.P. (company) — Filing entity
• Marc Andreessen (person) — Group member
• Benjamin Horowitz (person) — Group member

FAQ

Key Financial Figures

• $0.0001 — ssuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• tm2417464d1_sc13da.htm (SC 13D/A) — 290KB
• 0001104659-24-072426.txt ( ) — 292KB

From the Filing

SC 13D/A 1 tm2417464d1_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 6) Samsara Inc. (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 79589L106 (CUSIP Number) AH Capital Management, L.L.C. 2865 Sand Hill Road, Suite 101 Menlo Park, CA 94025 (650) 798-3900 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 13, 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(b) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person’s 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). Page 2 SCHEDULE 13D CUSIP No. 79589L106 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Andreessen Horowitz Fund IV, L.P. (“AH IV”) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 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 54,745,078 shares of Class B Common Stock, 1 for itself and as nominee for Andreessen Horowitz Fund IV-A, L.P. (“AH IV-A”), Andreessen Horowitz Fund IV-B, L.P. (“AH IV-B”), and Andreessen Horowitz Fund IV-Q, L.P. (“AH IV-Q”), except that AH Equity Partners IV, L.L.C. (“AH Equity IV”), the general partner of AH IV, may be deemed to have sole power to vote these shares, and Marc Andreessen (“Andreessen”) and Benjamin Horowitz (“Horowitz”), the managing members of AH Equity IV, may be deemed to have shared power to vote these shares. 8 SHARED VOTING POWER See response to row 7. 9 SOLE DISPOSITIVE POWER 54,745,078 shares of Class B Common Stock, 1 for itself and as nominee for AH IV-A, AH IV-B, and AH IV-Q, except that AH Equity IV, the general partner of AH IV, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity IV, may be deemed to have shared power to dispose of these shares. 10 SHARED DISPOSITIVE POWER See response to row 9. 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 54,745,078 1 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) ¨ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 20.1% 2 14 TYPE OF REPORTING PERSON (See Instructions) PN 1 Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. 2 Pursuant to Rule 13d-3(d)(1)(i), the percentage in Row 13 is calculated using the outstanding shares of Class A Common Stock only (assuming full conversion of the shares of Class B Common Stock held of record by AH IV, but not any of the shares of Class B Common Stock held by any other person). As disclosed in the Issuer’s Form 10-Q filed on June 11, 2024 with the U.S. Securities and Exchange Commission (File No. 001-41140) (the “10-Q”), the Issuer had 217,778,748 outstanding shares of Class A Common Stock and 333,027,410 outstanding shares of Class B Common Stock as of June 4, 2024. On June 13, 2024, Andreessen Horowitz LSV Fund I, L.P. (“AH LSV I”) converted 277,484 shares of Class B Common Stock into Class A Common Stock. If the outstanding number of shares included the outstanding shares of both Class A Common Stock and Class B Common Stock, this percentage would be 9.9%. Page 3 CUSIP No. 79589L106 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) AH Equity Partners IV, L.L.C. (“AH Equity IV”) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) 3 SEC USE ONLY 4 SOUR

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View this SC 13D/A filing on SEC EDGAR