Lars Letonoff - Aug 23, 2021 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role
Co-President & Chief Revenue Officer
Signature
/s/ Alicia Dietzen, as Attorney-in-Fact
Stock symbol
KNBE
Transactions as of
Aug 23, 2021
Transactions value $
-$1,401,904
Form type
4
Date filed
8/25/2021, 07:31 PM
Previous filing
Aug 18, 2021
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNBE Class A Common Stock Conversion of derivative security $0 +18.3K $0.00 18.3K Aug 23, 2021 Direct F1
transaction KNBE Class A Common Stock Sale -$405K -18.3K -100% $22.18 0 Aug 23, 2021 Direct F2
transaction KNBE Class A Common Stock Conversion of derivative security $0 +21.8K $0.00 21.8K Aug 24, 2021 Direct F1
transaction KNBE Class A Common Stock Sale -$413K -18.4K -84.3% $22.45 3.43K Aug 24, 2021 Direct F2, F3
transaction KNBE Class A Common Stock Sale -$78.6K -3.43K -100% $22.92 0 Aug 24, 2021 Direct F2, F4
transaction KNBE Class A Common Stock Conversion of derivative security $0 +22.2K $0.00 22.2K Aug 25, 2021 Direct F1
transaction KNBE Class A Common Stock Sale -$505K -22.2K -100% $22.77 0 Aug 25, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KNBE Class B Common Stock Conversion of derivative security $0 -18.3K -3.01% $0.00 589K Aug 23, 2021 Class A Common Stock 18.3K $0.00 Direct F1
transaction KNBE Class B Common Stock Conversion of derivative security $0 -21.8K -3.71% $0.00 567K Aug 24, 2021 Class A Common Stock 21.8K $0.00 Direct F1
transaction KNBE Class B Common Stock Conversion of derivative security $0 -22.2K -3.91% $0.00 544K Aug 25, 2021 Class A Common Stock 22.2K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Class B Common Stock, par value $0.00001 per share (the "Class B Common Stock") is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock, par value $0.00001 per share (the "Class A Common Stock"). Additionally, each share of Class B Common Stock will, subject to certain conditions and exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
F2 The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on May 28, 2021.
F3 Represents the weighted average share price of an aggregate total of 18,396 shares sold in the price range of $21.83 to $22.82 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Represents the weighted average share price of an aggregate total of 3,427 shares sold in the price range of $22.83 to $23.12 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Remarks:

Co-President & Chief Revenue Officer