Samsara Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$IOT
EDP Services
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 1, 2024
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 1, 2024, Samsara Inc. (the “Company”) appointed Alyssa Henry to its Board of Directors (the “Board”), effective August 4, 2024.
Ms. Henry brings over 25 years of leadership experience in software engineering and development. Ms. Henry served as Chief Executive Officer of Square at Block, Inc. (formerly Square, Inc.). Prior to Block, she served in various positions with Amazon.com, Inc. from 2006 to 2014, including as Vice President of Amazon Web Services Storage Services, and spent 12 years at Microsoft Corporation working on databases and data access technologies in a variety of engineering, program management, and product unit management roles. Ms. Henry currently serves on the Boards of Directors of Intel Corporation and Confluent, Inc. Previously, she served on the Board of Directors of Unity Software Inc. Ms. Henry holds a B.S. in Mathematics and Applied Science with a Specialization in Computing from the University of California, Los Angeles.
Ms. Henry will be entitled to receive the following cash and equity compensation under the Company’s outside director compensation policy: (1) an annual cash retainer of $40,000 for service on the Board and (2) an award of restricted stock units covering a number of shares, with such award having a grant date fair value equal to $500,000.
In accordance with the Company’s customary practice, the Company has entered into its standard form of indemnification agreement with Ms. Henry, the form of which has been filed as Exhibit 10.1 to the Company’s Registration Statement on Form S-1/A (File No. 333-261204), filed with the SEC on December 6, 2021.
Ms. Henry has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
There are no family relationships, as defined in Item 401 of Regulation S-K promulgated under the Exchange Act, between Ms. Henry and any of the Company’s executive officers or directors or persons nominated or chosen to become a director or executive officer. There are also no arrangements or understandings between Ms. Henry and any other persons pursuant to which Ms. Henry was selected as a director.
A copy of the press release announcing the appointment of Ms. Henry is attached hereto as Exhibit 99.1. The information in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Description of Exhibit | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SAMSARA INC. | ||||||||
Date: August 7, 2024 | By: | /s/ Adam Eltoukhy | ||||||
| Adam Eltoukhy | ||||||||
| Executive Vice President, Chief Legal Officer and Corporate Secretary | ||||||||