Sjoerd Sjouwerman - 20 Aug 2021 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role: Chief Executive Officer, Director
Signature: /s/ Kristen Wiggins, as Attorney-in-Fact
Issuer symbol: KNBE
Transactions as of: 20 Aug 2021
Net transactions value: -$161
Form type: 4
Filing time: 24 Aug 2021, 19:01:14 UTC
Previous filing: 18 Aug 2021
Next filing: 25 Aug 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	Options Exercise	$0	+18		$0.000000	18	20 Aug 2021	Direct	F1
transaction	KNBE	Class A Common Stock	Tax liability	$161	-7	-39%	$23.00	11	20 Aug 2021	Direct	F1

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	Restricted Stock Unit	Award	$0	+18		$0.000000	18	20 Aug 2021	Class A Common Stock	18		Direct	F1, F2
transaction	KNBE	Restricted Stock Unit	Options Exercise	$0	-18	-100%	$0.000000^*	0	20 Aug 2021	Class A Common Stock	18		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of KnowBe4, Inc. (the "Issuer") Class A common stock ("Class A Common Stock").
F2	One hundred percent (100%) of the RSUs shall be fully vested on the date of grant.