Summary by Moomoo AI
On September 10, 2024, Andreessen Horowitz entities, including AH IV, AH Parallel IV, and AH LSV I, converted a significant number of Class B Common Stock shares into Class A Common Stock of Samsara Inc. and distributed them in a pro rata in-kind distribution to their respective partners. This conversion and distribution resulted in a decrease of over one percent in the aggregate percentage ownership previously reported. The transactions were part of the entities' investment purposes and were influenced by various factors such as market conditions and the Issuer's business prospects. The shares were sold at varying prices on the New York Stock Exchange, with AH Capital Management, AH LSV I, and AH Parallel V engaging in open market sales following the conversions. The filing also updates the aggregate percentage of the Issuer's Class A Common Stock owned by the Reporting Persons due to dilution from the Issuer's issuance of additional shares since the last amendment filing.
