Lars Letonoff - Aug 26, 2022 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role
Officer
Signature
/s/ Kristen Wiggins, as Attorney-in-Fact
Stock symbol
KNBE
Transactions as of
Aug 26, 2022
Transactions value $
-$4,007
Form type
4
Date filed
8/30/2022, 07:28 PM
Previous filing
Aug 17, 2022
Next filing
Sep 21, 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 +200 +0.09% $0.00 216K Aug 26, 2022 Direct F1, F2
transaction KNBE Class A Common Stock Sale -$4.01K -200 -0.09% $20.04 216K Aug 26, 2022 Direct F2, F3, F4

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 -200 -0.04% $0.00 544K Aug 26, 2022 Class A Common Stock 200 $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 Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 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 26, 2022.
F4 Represents the weighted average share price of an aggregate total of 200 shares sold in the price range of $20.00 to $20.07 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.