General Catalyst Amends Samsara Stake Filing
Ticker: IOT · Form: SC 13D/A · Filed: Oct 29, 2024 · CIK: 1642896
| Field | Detail |
|---|---|
| Company | Samsara INC. (IOT) |
| Form Type | SC 13D/A |
| Filed Date | Oct 29, 2024 |
| Risk Level | medium |
| Pages | 12 |
| Reading Time | 14 min |
| Key Dollar Amounts | $0.0001, $48.10, $48.25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, major-shareholder
Related Tickers: IOT
TL;DR
GC filing update on Samsara Inc. ownership - check the details.
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 October 29, 2024. The filing details various General Catalyst entities involved in this ownership stake. No specific dollar amounts or percentage changes were detailed in the provided excerpt.
Why It Matters
This filing signals a potential shift in major shareholder activity for Samsara Inc., which could influence stock price and corporate strategy.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate strategic shifts by major investors, potentially impacting the stock.
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
- GENERAL CATALYST PARTNERS XI - ENDURANCE, L.P. (company) — Group member
FAQ
What specific change in beneficial ownership is being reported by General Catalyst Group Management Holdings GP, LLC for Samsara Inc.?
The provided excerpt does not specify the exact change in beneficial ownership, only that an amendment to the Schedule 13D has been filed as of October 29, 2024.
Which specific General Catalyst entities are listed as group members in this filing?
The filing lists GC VENTURE VIII-B MANAGER, LLC, GC VENTURE VIII-B, LLC, GENERAL CATALYST ENDURANCE GP XI, LLC, GENERAL CATALYST GP VIII, LLC, GENERAL CATALYST GP X - GROWTH VENTURE, LLC, GENERAL CATALYST GROUP MANAGEMENT HOLDINGS, L.P., GENERAL CATALYST GROUP MANAGEMENT, LLC, GENERAL CATALYST GROUP VIII, L.P., GENERAL CATALYST GROUP X - ENDURANCE, L.P., GENERAL CATALYST GROUP XI - ENDURANCE, L.P., GENERAL CATALYST PARTNERS VIII, L.P., GENERAL CATALYST PARTNERS X - GROWTH VENTURE, L.P., and GENERAL CATALYST PARTNERS XI - ENDURANCE, L.P.
What is the Central Index Key (CIK) for Samsara Inc.?
The CIK for Samsara Inc. is 0001642896.
What is the business address and phone number for Samsara Inc.?
Samsara Inc.'s business address is 1 De Haro Street, San Francisco, CA 94107, and their business phone number is (415) 985-2400.
What was Samsara Inc.'s former company name and when did the name change occur?
Samsara Inc.'s former company name was Samsara Networks Inc., and the date of the name change was May 20, 2015.
Filing Stats: 3,609 words · 14 min read · ~12 pages · Grade level 10.1 · Accepted 2024-10-29 16:44:56
Key Financial Figures
- $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 par value (Title of Class of Securiti
- $48.10 — ctions at an average price per share of $48.10. On October 25, 2024, GCGM Investment
- $48.25 — ctions at an average price per share of $48.25. (d) No other person is known to hav
Filing Documents
- d898503dsc13da.htm (SC 13D/A) — 228KB
- d898503dex991.htm (EX-99.1) — 25KB
- 0001193125-24-246604.txt ( ) — 255KB
From the Filing
SC 13D/A 1 d898503dsc13da.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. 5)* 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) October 21, 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 21,434,119 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 21,434,119 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,434,119 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) 8.8% 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 21,434,119 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 21,434,119 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,434,119 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) 8.8% 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 21,434,119 shares 9 SOLE DISPOSITIVE POWER 0 shares 10 SHARED DISPOSITIVE POWER 21,434,119 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,434,119 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) 8.8% 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 INST