General Catalyst Amends Samsara Stake Filing
Ticker: IOT · Form: SC 13D/A · Filed: Sep 19, 2024 · CIK: 1642896
| Field | Detail |
|---|---|
| Company | Samsara INC. (IOT) |
| Form Type | SC 13D/A |
| Filed Date | Sep 19, 2024 |
| Risk Level | medium |
| Pages | 12 |
| Reading Time | 14 min |
| Key Dollar Amounts | $0.0001, $46.44, $47.80 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, ownership-filing, venture-capital
Related Tickers: IOT
TL;DR
GC just updated their Samsara 13D filing on 9/19. Big VC firm, watch their moves.
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 September 19, 2024. The filing details various entities within the General Catalyst group, all of which are involved in the reporting of their stake in Samsara Inc.
Why It Matters
This filing updates the market on the significant holdings of a major venture capital firm in Samsara Inc., potentially signaling shifts in investment strategy or governance interest.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings by large investors can precede significant market movements or strategic shifts in the company.
Key Players & Entities
- General Catalyst Group Management Holdings GP, LLC (company) — Filing entity
- Samsara Inc. (company) — Subject company
- GC VENTURE VIII-B MANAGER, LLC (company) — Group member
- GC VENTURE VIII-B, LLC (company) — Group member
- GENERAL CATALYST ENDURANCE GP XI, LLC (company) — Group member
FAQ
What is the primary purpose of this SC 13D/A filing?
The primary purpose is to report an amendment to the beneficial ownership of Samsara Inc. by General Catalyst Group Management Holdings GP, LLC and its affiliates.
Who is the subject company in this filing?
The subject company is Samsara Inc., with Central Index Key 0001642896.
What is the filing date and date as of change for this amendment?
The filing date is September 19, 2024, and the date as of change is also September 19, 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 IRS number for General Catalyst Group Management Holdings GP, LLC?
The IRS number for General Catalyst Group Management Holdings GP, LLC is 000000000.
Filing Stats: 3,618 words · 14 min read · ~12 pages · Grade level 10.1 · Accepted 2024-09-19 21:24:54
Key Financial Figures
- $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 par value (Title of Class of Securiti
- $46.44 — ctions at an average price per share of $46.44. On September 18, 2024, GCGM Investme
- $47.80 — ctions at an average price per share of $47.80. (d) No other person is known to have
Filing Documents
- d804956dsc13da.htm (SC 13D/A) — 221KB
- d804956dex991.htm (EX-99.1) — 25KB
- 0001193125-24-222294.txt ( ) — 248KB
From the Filing
SC 13D/A 1 d804956dsc13da.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. 4)* 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) September 16, 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 20 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 23,297,056 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 23,297,056 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 23,297,056 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) 9.5% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO CUSIP No. 79589L106 13D Page 3 of 20 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 23,297,056 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 23,297,056 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 23,297,056 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) 9.5% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No. 79589L106 13D Page 4 of 20 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 23,297,056 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 23,297,056 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 23,297,056 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) 9.5% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO CUSIP No. 79589L106 13D Page 5 of 20 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 (SEE IN