Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KNBE | Class A Common Stock | Conversion of derivative security | $0 | +168K | $0.00 | 168K | Nov 17, 2021 | Direct | F1 | |
transaction | KNBE | Class A Common Stock | Sale | -$4.12M | -168K | -100% | $24.55 | 0 | Nov 17, 2021 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KNBE | Stock Option (right to buy) | Options Exercise | $0 | -168K | -24.06% | $0.00 | 529K | Nov 17, 2021 | Class B Common Stock | 168K | $5.71 | Direct | F3 |
transaction | KNBE | Class B Common Stock | Options Exercise | $957K | +168K | $5.71 | 168K | Nov 17, 2021 | Class A Common Stock | 168K | $0.00 | Direct | F1 | |
transaction | KNBE | Class B Common Stock | Conversion of derivative security | $0 | -168K | -100% | $0.00* | 0 | Nov 17, 2021 | Class A Common Stock | 168K | $0.00 | Direct | F1 |
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 August 16, 2021. |
F3 | Option granted under the Issuer's 2016 Equity Incentive Plan. Twenty-five (25%) of the shares subject to the option shall vest on August 3, 2021, and, thereafter, the remaining number of shares subject to the option shall vest in equal monthly installments over the following thirty-six (36) months. |