Lars Letonoff - Aug 16, 2021 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role
Co-President & Chief Revenue Officer
Signature
/s/ Kristen Wiggins, as Attorney-in-Fact
Stock symbol
KNBE
Transactions as of
Aug 16, 2021
Transactions value $
-$5,995,004
Form type
4
Date filed
8/18/2021, 05:17 PM
Previous filing
Aug 13, 2021
Next filing
Aug 25, 2021
SEC
View on sec.gov

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 +238K +375.64% $0.00 301K Aug 16, 2021 Direct F1
transaction KNBE Class A Common Stock Sale -$6M -301K -100% $19.92 0 Aug 16, 2021 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 Class B Common Stock Conversion of derivative security $0 -238K -28.15% $0.00 607K Aug 16, 2021 Class A Common Stock 238K $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 Pursuant to an underwriting agreement and in connection with the registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated August 11, 2021, which offering was consummated on August 16, 2021, the Reporting Person sold 300,954 shares of Class A Common Stock at a price per share of $19.92 (after underwriting discounts and commissions). The Reporting Person was a selling stockholder in the registered public offering.

Remarks:

Co-President & Chief Revenue Officer