Sjoerd Sjouwerman - 02 Sep 2021 Form 4 Insider Report for KnowBe4, Inc.

Role
Chief Executive Officer, Director
Signature
/s/ Alicia Dietzen, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
02 Sep 2021
Net transactions value
-$183,048
Form type
4
Filing time
02 Sep 2021, 21:34:25 UTC
Previous filing
01 Sep 2021
Next filing
02 Dec 2022
SEC
View on sec.gov

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 +7,305 $0.000000 7,305 02 Sep 2021 See footnote F1
transaction KNBE Class A Common Stock Sale $183,048 -7,305 -100% $25.06 0 02 Sep 2021 See footnote F2, F3
holding KNBE Class A Common Stock 11 02 Sep 2021 Direct

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 -7,305 -0.17% $0.000000 4,378,242 02 Sep 2021 Class A Common Stock 7,305 $0.000000 See footnote 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 29, 2021.
F3 Represents the weighted average share price of an aggregate total of 7,305 shares sold in the price range of $25.00 to $25.34 by the Sjouwerman Enterprises Limited Partnership, or SELP. 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.