Kevin Klausmeyer - Jul 7, 2022 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role
Director
Signature
/s/ Kristen Wiggins, as Attorney-in-Fact
Stock symbol
KNBE
Transactions as of
Jul 7, 2022
Transactions value $
-$32,786
Form type
4
Date filed
7/11/2022, 06:28 PM
Previous filing
Jun 3, 2022
Next filing
Aug 8, 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 +2.9K +24.59% $0.00 14.7K Jul 7, 2022 Direct F1
transaction KNBE Class A Common Stock Sale -$49.4K -2.9K -19.73% $17.00 11.8K Jul 7, 2022 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 Stock Option (right to buy) Options Exercise $0 -2.9K -0.68% $0.00 426K Jul 7, 2022 Class B Common Stock 2.9K $5.71 Direct F3
transaction KNBE Class B Common Stock Options Exercise $16.6K +2.9K $5.71 2.9K Jul 7, 2022 Class A Common Stock 2.9K $0.00 Direct F1
transaction KNBE Class B Common Stock Conversion of derivative security $0 -2.9K -100% $0.00* 0 Jul 7, 2022 Class A Common Stock 2.9K $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 August 16, 2021.
F3 Option granted under the Issuer's 2016 Equity Incentive Plan. Twenty-five (25%) of the shares subject to the option vested 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.