Kevin Klausmeyer - Feb 1, 2022 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role
Director
Signature
/s/ Alicia Dietzen, as Attorney-in-Fact
Stock symbol
KNBE
Transactions as of
Feb 1, 2022
Transactions value $
-$435,288
Form type
4
Date filed
2/3/2022, 03:13 PM
Previous filing
Jan 13, 2022
Next filing
Mar 3, 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 +22.6K $0.00 22.6K Feb 1, 2022 Direct F1
transaction KNBE Class A Common Stock Sale -$283K -11.6K -51.31% $24.35 11K Feb 1, 2022 Direct F2, F3
transaction KNBE Class A Common Stock Sale -$275K -11K -100% $24.98 0 Feb 1, 2022 Direct F2, F4
transaction KNBE Class A Common Stock Conversion of derivative security $0 +343 $0.00 343 Feb 2, 2022 Direct F1
transaction KNBE Class A Common Stock Sale -$8.61K -343 -100% $25.10 0 Feb 2, 2022 Direct F2, F5

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 -22.6K -4.5% $0.00 480K Feb 1, 2022 Class B Common Stock 22.6K $5.71 Direct F6
transaction KNBE Class B Common Stock Options Exercise $129K +22.6K $5.71* 22.6K Feb 1, 2022 Class A Common Stock 22.6K $0.00 Direct F1
transaction KNBE Class B Common Stock Conversion of derivative security $0 -22.6K -100% $0.00* 0 Feb 1, 2022 Class A Common Stock 22.6K $0.00 Direct F1
transaction KNBE Stock Option (right to buy) Options Exercise $0 -343 -0.07% $0.00 480K Feb 2, 2022 Class B Common Stock 343 $5.71 Direct F6
transaction KNBE Class B Common Stock Options Exercise $1.96K +343 $5.71* 343 Feb 2, 2022 Class A Common Stock 343 $0.00 Direct F1
transaction KNBE Class B Common Stock Conversion of derivative security $0 -343 -100% $0.00* 0 Feb 2, 2022 Class A Common Stock 343 $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 Represents the weighted average share price of an aggregate total of 11,609 shares sold in the price range of $23.75 to $24.74 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 11,015 shares sold in the price range of $24.75 to $25.01 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.
F5 Represents the weighted average share price of an aggregate total of 343 shares sold in the price range of $25.07 to $25.26 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.
F6 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.