Shrikrishna Venkataraman - Feb 14, 2022 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role: Co-President & CFO
Signature: /s/ Alicia Dietzen, as Attorney-in-Fact
Stock symbol: KNBE
Transactions as of: Feb 14, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/16/2022, 07:09 PM
Previous filing: Nov 15, 2021
Next filing: Feb 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KNBE	Class A Common Stock	Award	$0	+138K	+45.58%	$0.00	440K	Feb 14, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are restricted stock units ("RSUs") and each RSU represents a contingent right to receive one share of KnowBe4, Inc. (the "Issuer") Class A common stock ("Class A Common Stock"). Subject to the Reporting Person's continuing as a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each such date, one-third (1/3) of the RSUs shall vest on May 15, 2022 (the "First Vesting Date"), and one-twelfth (1/12) of the RSUs shall vest each quarter on each Quarterly Vesting Date after the First Vesting Date. "Quarterly Vesting Date" shall mean the first trading day on or after each of August 15, November 15, February 15 and May 15.
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.

Content

These securities are restricted stock units ("RSUs") and each RSU represents a contingent right to receive one share of KnowBe4, Inc. (the "Issuer") Class A common stock ("Class A Common Stock"). Subject to the Reporting Person's continuing as a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each such date, one-third (1/3) of the RSUs shall vest on May 15, 2022 (the "First Vesting Date"), and one-twelfth (1/12) of the RSUs shall vest each quarter on each Quarterly Vesting Date after the First Vesting Date. "Quarterly Vesting Date" shall mean the first trading day on or after each of August 15, November 15, February 15 and May 15.

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.