Company: IOT
Filing Date: 2025-06-02
Form Type: DEF 14A
Source: 0001642896-25-000046
Chunk: 55

Company: Samsara Inc.
Filing Date: 2025-06-02
Form: DEF 14A
Chunk 55
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(1) The value realized on vesting is pre-tax and determined by multiplying (i) the number of shares of common stock acquired upon vesting of RSUs by (ii) the closing price of our Class A common stock on the last trading day prior to the RSU vesting date. It is our policy to release vested RSUs on the applicable quarterly vesting date of each year for the awards listed above (or, in the event the vest date occurs on a holiday or weekend, on the immediately following trading day).

Potential Payments upon Termination or Change in Control

#### Executive Change in Control and Severance Plan
We maintain an Executive Change in Control and Severance Plan pursuant to which our named executive officers and certain other key employees are eligible to receive severance benefits, as specified in and subject to the employee signing a participation agreement under our Severance Plan. Our Severance Plan is designed to attract, retain, and reward senior level employees. The severance payments and benefits under the Severance Plan generally are in lieu of any other severance payments and benefits to which a participant was entitled before signing his or her participation agreement, except as specifically provided under the participation agreement.

Each of our named executive officers is a participant under our Severance Plan and eligible for the rights to the applicable payments and benefits described below.

In the event of a termination of the employment of our CEO, Mr. Biswas, by us for a reason other than “cause” or his death or “disability” (as such terms are defined in our Severance Plan), that occurs outside the change in control period (as described below), our CEO would be entitled to the following payments and benefits from the company:

• a lump sum payment equal to 100% of his annual base salary, plus 100% of his target annual non-equity incentive amount as in effect for the fiscal year in which the termination occurs;

• reimbursement, or taxable lump sum payment in lieu of reimbursement, equal to the premium cost of continued health coverage under the Consolidated Omnibus Reconciliation Act of 1985, as amended, or COBRA, for a period of 12 months; and

• satisfaction of the time and service-based vesting requirements under then-outstanding and unvested equity awards (but without waiver of any cliff service vesting date) with respect to (i) any vesting date applicable to an equity award occurring after the date of termination but within the same fiscal quarter in which the termination occurred, (ii) any vesting date